{"id":66187,"date":"2024-04-20T09:51:31","date_gmt":"2024-04-20T09:51:31","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=66187"},"modified":"2024-04-20T09:51:31","modified_gmt":"2024-04-20T09:51:31","slug":"the-karnataka-government-aims-to-achieve-this-type-of-budget","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-karnataka-government-aims-to-achieve-this-type-of-budget\/","title":{"rendered":"The Karnataka government aims to achieve this type of budget:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Zero-based budget&#8221; option2=&#8221;Surplus budget&#8221; option3=&#8221;Balanced budget&#8221; option4=&#8221;Deficit budget&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>A) Zero-based budget<\/strong><\/p>\n<p>A zero-based budget is a budgeting process in which all expenses are justified for each new budget period, regardless of whether they were previously approved. This means that every item in the budget must be approved from scratch, rather than being automatically continued from the previous year.<\/p>\n<p>Zero-based budgeting is often used by businesses and governments to try to control spending and improve efficiency. It can be a time-consuming and complex process, but it can also lead to significant savings.<\/p>\n<p>Here is a brief explanation of each option:<\/p>\n<ul>\n<li><strong>A) Zero-based budget<\/strong> is a budgeting process in which all expenses are justified for each new budget period, regardless of whether they were previously approved. This means that every item in the budget must be approved from scratch, rather than being automatically continued from the previous year.<\/li>\n<li><strong>B) Surplus budget<\/strong> is a budget in which the government&#8217;s revenue is greater than its expenses. This means that the government has a surplus of money, which can be used to pay down debt, invest in new programs, or provide tax breaks.<\/li>\n<li><strong>C) Balanced budget<\/strong> is a budget in which the government&#8217;s revenue is equal to its expenses. This means that the government does not have a surplus or deficit.<\/li>\n<li><strong>D) Deficit budget<\/strong> is a budget in which the government&#8217;s expenses are greater than its revenue. This means that the government has a deficit, which must be financed by borrowing money.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Zero-based budget&#8221; option2=&#8221;Surplus budget&#8221; option3=&#8221;Balanced budget&#8221; option4=&#8221;Deficit budget&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[994],"tags":[],"class_list":["post-66187","post","type-post","status-publish","format-standard","hentry","category-telangana-and-karnataka-gk-mcq","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Karnataka government aims to achieve this type of budget:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-karnataka-government-aims-to-achieve-this-type-of-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Karnataka government aims to achieve this type of budget:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Zero-based budget&#8221; 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