Question : The practice of presenting the government budget in two parts, revenue and capital, is known as ____________.
Option 1: Dual budgeting
Option 2: Zero-based budgeting
Option 3: Performance budgeting
Option 4: Gender-responsive budgeting
Correct Answer: Dual budgeting
Solution : The correct answer is (A) Dual budgeting
The practice of presenting the government budget in two parts, revenue and capital, is known as "Dual budgeting." In dual budgeting, the revenue budget focuses on the government's revenue receipts and revenue expenditure, while the capital budget focuses on capital receipts and capital expenditure.
Question : What situation would result if government expenditure exceeds the government revenue in the current account?
Question : The "Zero-Based Budgeting" approach in the government budget emphasizes:
Question : The government's borrowings from the public are known as ____________.
Question : The process of preparing a budget that covers multiple years is known as:
Question : What is a balanced budget?
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