Question

Which state has introduced zero-based budget first?

Answer 1

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➡ Manipur state government in Indiaintroduced zero based budget for first time. The government of India introduced the concept of Zero budget which was originated in Manipur, a state of India. In the zero-based budgeting, the expenditure of the government has to be justified for each new session ➡

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Answer 2

Explanation:

Giving short and long term loans is a primary function of the financial intermediaries. These intermediaries accept deposits from the entities with surplus cash and then loan them to entities in need of funds. ... Another major function of these intermediaries is to assist clients to grow their money via investment.