Question
Consider the following statements in regard to Zero Base
Budgeting (ZBB) : (1) Existing Government programmes can be discarded under ZBB if they are found to be outdated. (2) ZBB is difficult to be applied to Human Development programmes as the outcome of such programme is intangible in nature. (3) ZBB is used by Communist countries only. Which of the statements given above is/are correct?Solution
Zero-based budgeting is an approach to planning and decision making which reverses the working process of traditional budgeting. In zero-based budgeting, every line item of the budget must be approved, rather than only changes. During the review process, no reference is made to the previous level of expenditure. Regarding zero Base Budgeting (ZBB) existing government programme can be discarded under ZBB if they are found to be outdated. Moreover ZBB is difficult to be applied to Human Development programmes as the outcome of such programmes is intangible in nature.
Statements:
Only a few Orange is Basket.
All Hampers are Baskets.
No Hamper is a Gift.
Conclusions:
I. Some Hampers c...
Statements:
Only year is month
Only a few year is day
All day is week
26% week is minute
Conclusions:
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Statements: Some cups are plates.
No plate is a glass.
Conclusions: I. Some glasses are cups.
II. No glass is a cup.
...In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
In the question below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be true ev...
Two statements are given followed by three conclusions numbered I, II, and III assuming the statements to be true, even if they seem to be at variance ...
Statements:
Some authors are teachers.
All teachers are poets.
Some poets are artists.
Conclusions:
I. Some auth...
Statements:
Only Bike is Car.
Some Bike are Cheap.
Only a few Cheap are Heavy.
All Heavy are Expensive.
Conclusion...
In the given question, two conclusions are given and five statements as 1), 2), 3), 4) and 5). You need to choose the option that contains the set of s...