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| Q. |
Which of the following statement is false? |
| A. | Public finance and private finance differ from each other in many respects |
| B. | In private finance, expenditure is first estimated and then resources are made available to meet this expenditure |
| C. | Budget period for the public finance is one year |
| D. | Resources in both public and private finance are limited in relation to demand for expenditure |
| Answer» B. In private finance, expenditure is first estimated and then resources are made available to meet this expenditure | |
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