Consider the following statements about Outcome Budgeting 1 Outcome budget is a performance measurem...........

Economic Affairs Public Finance and Debt Management

Consider the following statements about Outcome Budgeting.

1.Outcome budget is a performance measurement tool that helps in fixing accountability.

2.In Outcome budgeting, the outcomes of programmes are measured only in terms of Rupees and not in terms of physical units.

Which of the given statement/s is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

1 only

Outcome budget is a performance measurement tool that helps in fixing accountability: This statement is correct. Outcome budgeting is a tool used to link government expenditures to the expected results or outcomes of programs. It aims to measure the performance and outcomes of government programs to enhance accountability.

In Outcome budgeting, the outcomes of programs are measured only in terms of Rupees and not in terms of physical units: This statement is incorrect. Outcome budgeting typically involves measuring outcomes in both quantitative and qualitative terms. While financial aspects (in terms of Rupees) may be considered, the focus is also on assessing the achievement of specific objectives and outcomes in physical or qualitative terms.

Therefore, the correct answer is "1 only."

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