In a significant move, the 14th Finance Commission has increased the share of state governments in the Central tax revenues from:
Tap an option to check your answer.
1 mark, −0.33Public EconomicsFiscal federalism and Finance CommissionsFinance Commissions and devolutionModerateabout 1 min
UoH 2017 Question 66: Fiscal federalism and Finance Commissions
Answer and worked solution
Checking your account…
Fiscal federalism and Finance Commissions has come up 30 times in 5 exams since 2012.
What this question tests
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.
TestStop has 19 past-paper questions on this subtopic; the nearest in year are below.
Similar questions from other papers
- Arrange the following according to appointment of chairman of Finance Commission (earlier to latest): A. Arvind Pangariah B. K. C. Neogy C. K. Brahmanand Reddy D. N. K.…
- Arrange the following Chairman of the Finance Commission as per their year of appointment in chronological order starting from the oldest to latest: (A) A M Khusro (B)…
- Identify the Finance Commissions with their chairman: A. 12th Finance Commission - C. Rangarajan B. 11th Finance Commission - A.M. Khusro C. 14th Finance Commission…
- Arrange the following Chairmen of the Finance Commission in order of their appointment starting from the oldest. A. A. M. Khusro B. C. Rangarajan C. N. K. P. Salve D.…
- Which statutory body determines the criteria for tax devolution from the divisible pool to the States in India?
Question from the UoH 2017 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.