Current Affairs

GK MCQs Section
Q. Which term is not formally linked with Indian government budgets?
Answer: Austerity Budget
Notes: Austerity Budget is not an official budget type in India. Outcome Budget was introduced in 2005 to link allocations with measurable results. Gender Budget was initiated in 2005-06 for women's development. Performance Budget allocates funds based on achievements. The Indian Union Budget officially includes Outcome, Gender, and Performance Budgets, but not Austerity Budget.
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