- The 15th Finance Commission recommended various types of grants to states. While classifications can vary slightly in reporting, common broad categories include: 1. Revenue Deficit Grants to states.
The 15th Finance Commission recommended Grants-in-Aid fall into five broad categories. Which of the following is NOT in the said categories?
Asked in GPSC Prelims CSP 1 2022 · Topic: The Finance Commission (Specific focus: Recent Finance Commissions (e.g., 15th FC) and their major recommendations)
More Indian Polity and Governance questions
- Grants to Local Governments (Rural and Urban). 3. Grants for Disaster Management. 4. Sector- specific grants (e.g., for health, education, agriculture, rural roads). 5. State-specific grants. - "Non- Specific Grants" is not a distinct, widely recognized category in the same way as the others. Grants are generally categorized based on purpose (sectoral, disaster) or recipient level (local bodies) or fiscal situation (revenue deficit) or state-specific needs. 94. Who is the Chairman of the 15th Finance Commission ?
- The Chairman of the fourteenth Finance Commission in India
- Consider the following statements: 1. The 15th Finance Commission used fiscal effort as a criterion for horizontal devolution unlike the 14th Finance Commission. 2. Both the 14th and the 15th Finance Commission used pre-2011 demographic variables as a criteria for horizontal devolution. Which of the statements given above is/are correct ?
- What is the percentage weightage assigned to Forest and Ecology in the devolution formula given by the Fifteenth Finance Commission of India for sharing of Union tax revenue with the States ?
- With reference to the Fourteenth Finance Commission, which of the following statements is/are correct?
- Who among the following was the Chairman of 14th Finance Commission?
- The recommendations of the 14th Finance Commission were applicable for the period 2015-2020. Dr. Yaga Venugopal Reddy, who is a former Governor of the Reserve Bank of India, served as the Chairman of the 14th Finance Commission. C. Rangarajan was the Chairman of the 12th Finance Commission, and N.K. Singh is the current Chairman of the 15th Finance Commission. Shanta Kumar is a politician, not known to have chaired a Finance Commission. 100. Who was the Chairman of the Twelfth Finance Commission ?
- The share of Andhra Pradesh in Central taxes as recommended by the 14th Finance Commission is