- The RBI working paper examines the fiscal performance of states in India. - Statement A provides a specific average debt-to-GSDP figure for Telangana for a particular period. - Statement B makes a general claim about the trend in states' own revenue generation relative to total receipts. - Assessing correctness requires knowledge of state fiscal trends and potentially specific data points from the mentioned RBI paper or other reliable sources.
Consider the following statements in relation to the RBI's working paper “States' Fiscal Performance and Yield Spreads on Market Borrowings in India”, released in January 2023 :
Asked in TSPSC Group 1 Prelims 2023 · Topic: Fiscal Policy & Revenue (Fiscal Federalism: Centre-state financial relations and Finance Commissions)
Show answer
Answer: B. The States' percentage of Own Reven‐ ue Generation in Total Receipts is deteriorating fast. Which of the above statements is/are correct ? A. A only B. B only
More Economic Development questions
- According to the 14th Finance Commission, the percentage share of States in the net proceeds of the shareable Central tax revenue should be
- Population data of the year 2011 was first introduced in the tax devolution formula for sharing Union tax revenue with the States by
- Main agency to resolve the fiscal dispute between the Centre and States is :
- According to theTenth Finance Commission the share of resources to be share of resources to be transferred to States from the divisible pool will be :
- States in Indian Union will receive at last what part of the following percentage of Central Tax under 13th Finance Commission recommendations ?
- The period of recommendations made by Thirteenth Finance Commission is
- Which one of the following has been assigned the highest wieghtage by the Thirteenth Finance Commission of India while recommending devolution of Union taxes amongst States ?
- What percentage of central tax revenue has been recommended for allocation to the States by the Thirteenth Finance Commission ?
