(Comprehension) The centre incentivized state governments through interest-free loans and enhanced borrowing ceilings to prioritize their spending on capex. Which of the following strategies is adopted by the Union Government to prioritise states' spending on capex?
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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 UGC-NET 2023 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.