Assertion (A): A Balanced Budget is generally considered ideal in traditional public finance. Reason (R): It ensures that government expenditure equals revenue, thereby maintaining fiscal discipline.

Options:

• A: A is true, but R is false.
• B: Both A and R are true, but R is not the correct explanation of A.
• C: A is false, but R is true.
• D: Both A and R are true, and R is the correct explanation of A.

Related Practice Questions:

• Which of the following artifacts, extensively found at Burzahom and Gufkral, specifically indicates that the Neolithic inhabitants of Kashmir practiced sewing animal skins for clothing to survive the harsh winters?
• The earliest known evidence of rock art in India, in the form of 'Cupules' (hemispherical cup-shaped depressions carved into rock), belongs to the Lower Paleolithic age and was found at:
• The first human colonization of the fertile Ganga plains, as evidenced by archaeological discoveries at Sarai Nahar Rai and Mahadaha, took place during which period?
• Which prehistoric site located in the Thar Desert of Rajasthan provides a continuous and undisturbed profile of Lower, Middle, and Upper Paleolithic cultures?