Kindly give me a detailed solution of the question - Economics - Government Budget and the Economy

Question

Kindly give me a detailed solution of the question

Komal Rani · Accepted Answer

Dear Student

Correct answer is A Here both assertion and reason is true
A balanced budget can be defined when projected receipts are
equal to projected expenditure it means the liabilities in the form
of debt and expenditure is matching with the revenue in the
financial year
A balanced budget is the indicator of a balanced development
of the country
It means govt avoids incurring of debts in order to meet its
expenses

regards