Kindly give me a detailed solution of the question

Dear Student

Correct answer is A . Here both assertion and reason is true
A balanced budget can be defined when projected receipts are equal to projected expenditure it means the liabilities in the form of debt and expenditure is matching with the revenue in the financial year.
A balanced budget is the indicator of a balanced development of the country.
It means govt. avoids incurring of debts in order to meet its expenses.


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