Finance are distributed between the Centre and the State on the recommendations of which of the following?
Show answerAnswer & explanation
Correct option: C — Finance Commission
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Correct option: C — Finance Commission
Correct option: A — To determine the part of States in central taxes and to determine the principles of financial aid given by the Centre to States
Correct option: D — Both (A) and (B)
Correct option: D — None of the statements (A), (B) and (C) given above is correct in this context
Correct option: D — Devolution of Trade Tax
Correct option: B — Finances between States and the Centre
Correct option: D — Finance Commission
Correct option: B — Can be suspended during National Emergency
Correct option: D — C. Rangarajan
Correct option: C — Vijay Kelkar
Page 124 of this set has 10 questions on it.