Question : Panchayat in our country have been given powers to decide and spend funds granted to them by government for the welfare of the village. Which principle of management is being highlighted in the given statement?
Option 1: Authority and responsibility
Option 2: Centralisation and decentralization
Option 3: Order
Option 4: None of the above
Correct Answer: Centralisation and decentralization
Solution : According to this principal there should be proper balance between centralisation and decentralization in the organisation.
Hence, option B is correct.