Questions

India   signed   a   historic   deal   to develop    the    strategic    port    of Chabahar  in  Iran  and  agreed  on  a three-nation    pact    to    build    a transport-and-trade corridor through   Afghanistan   that   could help  halve  the  time  and  cost  of doing  business  with  Central  Asia and     Europe.     Developing     the  Chabahar  port  was  seen  as  crucial for  India  because  it  will  not  only allow New Delhi to bypass Pakistan and access global markets but also counter    China’s    expanding influence   in   the   Indian   Ocean region. But the project’s land route through   Afghanistan   remains   a security headache

Cash budget is the budget which is prepared under the finance budget. It is an estimation of the expected cash receipts and cash payments during the budget period. By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash. Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget.