Arrange the following in chronological (oldest to latest) order:
A. Introduction of Income tax in India
B. Constitutional Amendment to establish finance commission
C. GST in India
D. FRBM Act
E. 16th Finance Commission.
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Indian public finance and the Union Budget has come up 80 times in 6 exams since 2011.
This question is on Composition of central taxes, spending and subsidies, part of Indian public finance and the Union Budget in Indian Economy.
Where the Centre's money comes from and goes.
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Question from the CUET-PG 2026 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.