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The term 'Zero Based Budgeting' refers t...

The term 'Zero Based Budgeting' refers to _____

A

A specified sum of money authorized by the Legislature for a specific period of time

B

To ensure that every rupee spent is result oriented

C

A statutorily mandated form of reimbursement or upfront payment for state expenditures

D

A cost item for which payment is made by one state agency to another

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Verified by Experts

The correct Answer is:
B
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