UPPSC PCS 2014 · Question 33 of 150
Economy
Zero deficit budget was presented for the sixth consecutive time on February 13, 2014 in the state of Jammu and Kashmir, no importance is given to the expenditure related figures of the previous years in the zero deficit budget. 222 OSWAAL 15-Years UPPSC Prelims Solved Paper In this system work is started on the basis that the budget for the next period is zero until every rupee demand is justified for any work or project or activity.
Source: edurev.in UPPSC Prelims 2014 GS Paper I with Answer Key and Solutions
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