1) Which among the following statements criteria where used by 15th Finance Commission to determine the share of states? a) population in 2011 b) demographic performance c) tax effort. d) All of the above Answer: d • The 15th Finance Commission used the following criteria while determining the share of states: o 45% for the […]
1) 15th Finance Commission is headed by a) Amitabh Kant b) K. K. Venugopal c) NK Singh d) Rajiv Mehrishi Answer: c • Union Cabinet has extended the term of 15th Finance Commission (15th FC) headed by N.K.Singh by one-year to October 30, 2020. Commission will recommend its award to 6 fiscal years, instead of […]