Which of the following mechanisms are used for Allocation of Resources in Public Financial Management:

CA Foundation · Business Economics · MTP · September 2025
Which of the following mechanisms are used for Allocation of Resources in Public Financial Management:
(A) A. Market Mechanism
(B) B. Public Sector Units
(C) C. Both (a) and (b)
(D) D. Neither (a) nor (B)

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Both (a) and (b)

Topics: Public Finance

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