Previous year MCQs

Current Affairs UPPSC 1995 GS-I
Question

According to the Tenth Finance Commission the share of resources to be share of resources to be transferred to States from the divisible pool will be:

Answer & Solution

Answer: (Detailed Solution Below)

Option B: 42%

Detailed Solution:

The correct answer is “42%”.
The Tenth Finance Commission significantly increased the share of resources transferred to states from the divisible pool to 42%. This was a major step towards fiscal federalism in India.

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