Match List-I (criteria of the 15th Finance Commission) with List-II (weights for horizontal devolution):
A. Income distance
B. Population
C. Demographic performance
D. Forest and Ecology.
List II
I. 15%
II. 12.5%
III. 45%
IV. 10%.
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Fiscal federalism and Finance Commissions has come up 30 times in 5 exams since 2012.
This question is on Finance Commissions and devolution, part of Fiscal federalism and Finance Commissions in Public Economics.
The constitutional body that recommends how tax revenue is shared between the Union and the states.
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