Economics · Public Finance and Budgeting
Find the correct statement(s) about Zero-Based Budgeting (ZBB): (a) It was first introduced in the U.S. Department of Agriculture in 1980. (b) Zero-based budgeting was recommended by the Seventh Five-Year Plan as one of the steps to control public expenditure in India. (c) The Central Government of India officially adopted the zero-based budgeting approach comprehensively in 1998. Answer options:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(a) and (c)
- 2Only (c)
- 3Only (b)✓
- 4(a) and (b)
Correct answer
Only (b)
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