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Direction:Read the passages given below and answer the questions that follow.The 15th Finance Commission is a constitutional body formed by the President of India under Article [1] of the Constitution on November 27, 2017 to give suggestions on centre-state financial relations. The 15th Finance Commission headed by [2] was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1, 2020. The final report with recommendations for the 2021-26 period will be submitted by October 30, 2020.The share of states in the centres taxes is recommended to be decreased from 42% during the 2015-20 period to [3] % for 2020-21. The decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the central government. This has been necessitated after Article 370 of the Constitution was amended. Following this the State of Jammu & Kashmir was bifurcated into two Union Territories, Jammu & Kashmir and Ladakh. Since the Finance Commissions recommendation on devolution is meant only for the States and as Jammu & Kashmir ceased to be a State, there was a need to change the terms of reference.and Kashmir in its Terms of Reference and make award for the successor Union Territory of Jammu and Kashmir."Normally, grants for a Union Territory are provided by the [4].All these necessitated for extension of the term and submission of interim report first and final one later. The last time an interim report was submitted was during the term of [5] Finance Commission, when the new States of Jharkhand, Uttarakhand and Chhattisgarh were created.The Terms of Reference (ToR) in the 15th Finance Commission has become controversial because the devolution of central resources to states hinges on:a)Income Distanceb)Populationc)Aread)Forest CoverCorrect answer is option 'B'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Direction:Read the passages given below and answer the questions that follow.The 15th Finance Commission is a constitutional body formed by the President of India under Article [1] of the Constitution on November 27, 2017 to give suggestions on centre-state financial relations. The 15th Finance Commission headed by [2] was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1, 2020. The final report with recommendations for the 2021-26 period will be submitted by October 30, 2020.The share of states in the centres taxes is recommended to be decreased from 42% during the 2015-20 period to [3] % for 2020-21. The decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the central government. This has been necessitated after Article 370 of the Constitution was amended. Following this the State of Jammu & Kashmir was bifurcated into two Union Territories, Jammu & Kashmir and Ladakh. Since the Finance Commissions recommendation on devolution is meant only for the States and as Jammu & Kashmir ceased to be a State, there was a need to change the terms of reference.and Kashmir in its Terms of Reference and make award for the successor Union Territory of Jammu and Kashmir."Normally, grants for a Union Territory are provided by the [4].All these necessitated for extension of the term and submission of interim report first and final one later. The last time an interim report was submitted was during the term of [5] Finance Commission, when the new States of Jharkhand, Uttarakhand and Chhattisgarh were created.The Terms of Reference (ToR) in the 15th Finance Commission has become controversial because the devolution of central resources to states hinges on:a)Income Distanceb)Populationc)Aread)Forest CoverCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction:Read the passages given below and answer the questions that follow.The 15th Finance Commission is a constitutional body formed by the President of India under Article [1] of the Constitution on November 27, 2017 to give suggestions on centre-state financial relations. The 15th Finance Commission headed by [2] was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1, 2020. The final report with recommendations for the 2021-26 period will be submitted by October 30, 2020.The share of states in the centres taxes is recommended to be decreased from 42% during the 2015-20 period to [3] % for 2020-21. The decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the central government. This has been necessitated after Article 370 of the Constitution was amended. Following this the State of Jammu & Kashmir was bifurcated into two Union Territories, Jammu & Kashmir and Ladakh. Since the Finance Commissions recommendation on devolution is meant only for the States and as Jammu & Kashmir ceased to be a State, there was a need to change the terms of reference.and Kashmir in its Terms of Reference and make award for the successor Union Territory of Jammu and Kashmir."Normally, grants for a Union Territory are provided by the [4].All these necessitated for extension of the term and submission of interim report first and final one later. The last time an interim report was submitted was during the term of [5] Finance Commission, when the new States of Jharkhand, Uttarakhand and Chhattisgarh were created.The Terms of Reference (ToR) in the 15th Finance Commission has become controversial because the devolution of central resources to states hinges on:a)Income Distanceb)Populationc)Aread)Forest CoverCorrect answer is option 'B'. Can you explain this answer?.

Solutions for Direction:Read the passages given below and answer the questions that follow.The 15th Finance Commission is a constitutional body formed by the President of India under Article [1] of the Constitution on November 27, 2017 to give suggestions on centre-state financial relations. The 15th Finance Commission headed by [2] was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1, 2020. The final report with recommendations for the 2021-26 period will be submitted by October 30, 2020.The share of states in the centres taxes is recommended to be decreased from 42% during the 2015-20 period to [3] % for 2020-21. The decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the central government. This has been necessitated after Article 370 of the Constitution was amended. Following this the State of Jammu & Kashmir was bifurcated into two Union Territories, Jammu & Kashmir and Ladakh. Since the Finance Commissions recommendation on devolution is meant only for the States and as Jammu & Kashmir ceased to be a State, there was a need to change the terms of reference.and Kashmir in its Terms of Reference and make award for the successor Union Territory of Jammu and Kashmir."Normally, grants for a Union Territory are provided by the [4].All these necessitated for extension of the term and submission of interim report first and final one later. The last time an interim report was submitted was during the term of [5] Finance Commission, when the new States of Jharkhand, Uttarakhand and Chhattisgarh were created.The Terms of Reference (ToR) in the 15th Finance Commission has become controversial because the devolution of central resources to states hinges on:a)Income Distanceb)Populationc)Aread)Forest CoverCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.

Here you can find the meaning of Direction:Read the passages given below and answer the questions that follow.The 15th Finance Commission is a constitutional body formed by the President of India under Article [1] of the Constitution on November 27, 2017 to give suggestions on centre-state financial relations. The 15th Finance Commission headed by [2] was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1, 2020. The final report with recommendations for the 2021-26 period will be submitted by October 30, 2020.The share of states in the centres taxes is recommended to be decreased from 42% during the 2015-20 period to [3] % for 2020-21. The decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the central government. This has been necessitated after Article 370 of the Constitution was amended. Following this the State of Jammu & Kashmir was bifurcated into two Union Territories, Jammu & Kashmir and Ladakh. Since the Finance Commissions recommendation on devolution is meant only for the States and as Jammu & Kashmir ceased to be a State, there was a need to change the terms of reference.and Kashmir in its Terms of Reference and make award for the successor Union Territory of Jammu and Kashmir."Normally, grants for a Union Territory are provided by the [4].All these necessitated for extension of the term and submission of interim report first and final one later. The last time an interim report was submitted was during the term of [5] Finance Commission, when the new States of Jharkhand, Uttarakhand and Chhattisgarh were created.The Terms of Reference (ToR) in the 15th Finance Commission has become controversial because the devolution of central resources to states hinges on:a)Income Distanceb)Populationc)Aread)Forest CoverCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction:Read the passages given below and answer the questions that follow.The 15th Finance Commission is a constitutional body formed by the President of India under Article [1] of the Constitution on November 27, 2017 to give suggestions on centre-state financial relations. The 15th Finance Commission headed by [2] was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1, 2020. The final report with recommendations for the 2021-26 period will be submitted by October 30, 2020.The share of states in the centres taxes is recommended to be decreased from 42% during the 2015-20 period to [3] % for 2020-21. The decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the central government. This has been necessitated after Article 370 of the Constitution was amended. Following this the State of Jammu & Kashmir was bifurcated into two Union Territories, Jammu & Kashmir and Ladakh. Since the Finance Commissions recommendation on devolution is meant only for the States and as Jammu & Kashmir ceased to be a State, there was a need to change the terms of reference.and Kashmir in its Terms of Reference and make award for the successor Union Territory of Jammu and Kashmir."Normally, grants for a Union Territory are provided by the [4].All these necessitated for extension of the term and submission of interim report first and final one later. The last time an interim report was submitted was during the term of [5] Finance Commission, when the new States of Jharkhand, Uttarakhand and Chhattisgarh were created.The Terms of Reference (ToR) in the 15th Finance Commission has become controversial because the devolution of central resources to states hinges on:a)Income Distanceb)Populationc)Aread)Forest CoverCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Direction:Read the passages given below and answer the questions that follow.The 15th Finance Commission is a constitutional body formed by the President of India under Article [1] of the Constitution on November 27, 2017 to give suggestions on centre-state financial relations. The 15th Finance Commission headed by [2] was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1, 2020. The final report with recommendations for the 2021-26 period will be submitted by October 30, 2020.The share of states in the centres taxes is recommended to be decreased from 42% during the 2015-20 period to [3] % for 2020-21. The decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the central government. This has been necessitated after Article 370 of the Constitution was amended. Following this the State of Jammu & Kashmir was bifurcated into two Union Territories, Jammu & Kashmir and Ladakh. Since the Finance Commissions recommendation on devolution is meant only for the States and as Jammu & Kashmir ceased to be a State, there was a need to change the terms of reference.and Kashmir in its Terms of Reference and make award for the successor Union Territory of Jammu and Kashmir."Normally, grants for a Union Territory are provided by the [4].All these necessitated for extension of the term and submission of interim report first and final one later. The last time an interim report was submitted was during the term of [5] Finance Commission, when the new States of Jharkhand, Uttarakhand and Chhattisgarh were created.The Terms of Reference (ToR) in the 15th Finance Commission has become controversial because the devolution of central resources to states hinges on:a)Income Distanceb)Populationc)Aread)Forest CoverCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction:Read the passages given below and answer the questions that follow.The 15th Finance Commission is a constitutional body formed by the President of India under Article [1] of the Constitution on November 27, 2017 to give suggestions on centre-state financial relations. The 15th Finance Commission headed by [2] was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1, 2020. The final report with recommendations for the 2021-26 period will be submitted by October 30, 2020.The share of states in the centres taxes is recommended to be decreased from 42% during the 2015-20 period to [3] % for 2020-21. The decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the central government. This has been necessitated after Article 370 of the Constitution was amended. Following this the State of Jammu & Kashmir was bifurcated into two Union Territories, Jammu & Kashmir and Ladakh. Since the Finance Commissions recommendation on devolution is meant only for the States and as Jammu & Kashmir ceased to be a State, there was a need to change the terms of reference.and Kashmir in its Terms of Reference and make award for the successor Union Territory of Jammu and Kashmir."Normally, grants for a Union Territory are provided by the [4].All these necessitated for extension of the term and submission of interim report first and final one later. The last time an interim report was submitted was during the term of [5] Finance Commission, when the new States of Jharkhand, Uttarakhand and Chhattisgarh were created.The Terms of Reference (ToR) in the 15th Finance Commission has become controversial because the devolution of central resources to states hinges on:a)Income Distanceb)Populationc)Aread)Forest CoverCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction:Read the passages given below and answer the questions that follow.The 15th Finance Commission is a constitutional body formed by the President of India under Article [1] of the Constitution on November 27, 2017 to give suggestions on centre-state financial relations. The 15th Finance Commission headed by [2] was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1, 2020. The final report with recommendations for the 2021-26 period will be submitted by October 30, 2020.The share of states in the centres taxes is recommended to be decreased from 42% during the 2015-20 period to [3] % for 2020-21. The decrease is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the central government. This has been necessitated after Article 370 of the Constitution was amended. Following this the State of Jammu & Kashmir was bifurcated into two Union Territories, Jammu & Kashmir and Ladakh. Since the Finance Commissions recommendation on devolution is meant only for the States and as Jammu & Kashmir ceased to be a State, there was a need to change the terms of reference.and Kashmir in its Terms of Reference and make award for the successor Union Territory of Jammu and Kashmir."Normally, grants for a Union Territory are provided by the [4].All these necessitated for extension of the term and submission of interim report first and final one later. The last time an interim report was submitted was during the term of [5] Finance Commission, when the new States of Jharkhand, Uttarakhand and Chhattisgarh were created.The Terms of Reference (ToR) in the 15th Finance Commission has become controversial because the devolution of central resources to states hinges on:a)Income Distanceb)Populationc)Aread)Forest CoverCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.