Zero-based budgeting requires that: MCQ with Answer and Explanation

Explanation:
A large body of research finds that financial development—deeper, more efficient and more inclusive financial systems—tends to raise long-run growth by relaxing credit constraints and improving resource allocation.

Explanation:
A positive externality confers benefits on third parties. Vaccination protects not only the individual but also reduces the spread of disease to others.

Explanation:
GST compensation cess is levied on luxury and sin goods.