Which of the following is true about Outcome and performance budgets 1 Performance bu...........

Economic Affairs Public Finance and Debt Management

Download Solution PDF

Which of the following is true about Outcome and performance budgets?

1. Performance budget is a micro level process

2. Outcome budget is a macro level process

3. Both go for quantitative as well as qualitative progress reports of the performance

Code

1,2 and 3

3 only

1 and 2

2 and 3

छोटे Courses बड़े Results

Master Public Finance and Debt Management

Prepare through Micro-courses

Try Now

Explanation:

Performance budget is a budget that reflects the input of resources and the output of services for each unit of an organization. The Outcome Budget is likely to comprise scheme- or project-wise outlays for all central ministries, departments and organisations listed against corresponding outcomes to be achieved during the year.