CUET Preparation Today
What is an unbalanced budget? |
Surplus budget Deficit budget Either 1 or 2 Neither 1 nor 2 |
Either 1 or 2 |
An unbalanced budget is the one where estimated income is not equal to estimated expenditure. It may either be greater or less than the expenditure. Hence, an unbalanced budget may be either a surplus budget or a deficit budget. |
