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Consider the following statements regarding Post Devolution Revenue Deficit (PDRD) grant:
1. The Centre provides this grant to the States under Article 275 of the Constitution.
2. The grants paid out of the Consolidated Fund of India.
3. The grant under Article 275 is used for raising the level of administration of the Scheduled Areas.
Which of the statements given above are correct?
- a)1 and 2 only
- b)2 only
- c)3 only
- d)1, 2 and 3
Correct answer is option 'D'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding Post Devolution Revenue De...
- The Centre provides the Post Devolution Revenue Deficit Grant to the States under Article 275 of the Constitution. Hence, statement 1 is correct.
- The grants are released as per the recommendations of the Finance Commission in monthly installments to meet the gap in Revenue Accounts of the States post-devolution (of the divisible tax pool of the Centre).
- Article 275 of the Constitution:
- It provides for the payment of such sums as Parliament may by law provide as grants-in aid to such States as Parliament may determine to be in need of assistance.
- The grants are paid out of the Consolidated Fund of India in each year, and different sums may be fixed for different States. Hence, statement 2 is correct.
- These grants are to be of the nature of capital and recurring sums as may be necessary.
- These aim to enable that State to meet the costs of such schemes of development as may be undertaken by it with the approval of the Government of India for the purpose of promoting the welfare of the Scheduled Tribes in that State or raising the level of administration of the Scheduled Areas there in to that of the administration of the rest of the areas of that State. Hence, statement 3 is correct.
- Grants are primarily intended to correct Inter-State disparities in financial resources and to coordinate the maintenance and expansion of the welfare schemes of the State Governments on a uniform national level.
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Consider the following statements regarding Post Devolution Revenue De...
- The Centre provides the Post Devolution Revenue Deficit Grant to the States under Article 275 of the Constitution. Hence, statement 1 is correct.
- The grants are released as per the recommendations of the Finance Commission in monthly installments to meet the gap in Revenue Accounts of the States post-devolution (of the divisible tax pool of the Centre).
- Article 275 of the Constitution:
- It provides for the payment of such sums as Parliament may by law provide as grants-in aid to such States as Parliament may determine to be in need of assistance.
- The grants are paid out of the Consolidated Fund of India in each year, and different sums may be fixed for different States. Hence, statement 2 is correct.
- These grants are to be of the nature of capital and recurring sums as may be necessary.
- These aim to enable that State to meet the costs of such schemes of development as may be undertaken by it with the approval of the Government of India for the purpose of promoting the welfare of the Scheduled Tribes in that State or raising the level of administration of the Scheduled Areas there in to that of the administration of the rest of the areas of that State. Hence, statement 3 is correct.
- Grants are primarily intended to correct Inter-State disparities in financial resources and to coordinate the maintenance and expansion of the welfare schemes of the State Governments on a uniform national level.
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Consider the following statements regarding Post Devolution Revenue Deficit (PDRD) grant:1. The Centre provides this grant to the States under Article 275 of the Constitution.2. The grants paid out of the Consolidated Fund of India.3. The grant under Article 275 is used for raising the level of administration of the Scheduled Areas.Which of the statements given above are correct?a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements regarding Post Devolution Revenue Deficit (PDRD) grant:1. The Centre provides this grant to the States under Article 275 of the Constitution.2. The grants paid out of the Consolidated Fund of India.3. The grant under Article 275 is used for raising the level of administration of the Scheduled Areas.Which of the statements given above are correct?a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements regarding Post Devolution Revenue Deficit (PDRD) grant:1. The Centre provides this grant to the States under Article 275 of the Constitution.2. The grants paid out of the Consolidated Fund of India.3. The grant under Article 275 is used for raising the level of administration of the Scheduled Areas.Which of the statements given above are correct?a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Post Devolution Revenue Deficit (PDRD) grant:1. The Centre provides this grant to the States under Article 275 of the Constitution.2. The grants paid out of the Consolidated Fund of India.3. The grant under Article 275 is used for raising the level of administration of the Scheduled Areas.Which of the statements given above are correct?a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
Consider the following statements regarding Post Devolution Revenue Deficit (PDRD) grant:1. The Centre provides this grant to the States under Article 275 of the Constitution.2. The grants paid out of the Consolidated Fund of India.3. The grant under Article 275 is used for raising the level of administration of the Scheduled Areas.Which of the statements given above are correct?a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements regarding Post Devolution Revenue Deficit (PDRD) grant:1. The Centre provides this grant to the States under Article 275 of the Constitution.2. The grants paid out of the Consolidated Fund of India.3. The grant under Article 275 is used for raising the level of administration of the Scheduled Areas.Which of the statements given above are correct?a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Post Devolution Revenue Deficit (PDRD) grant:1. The Centre provides this grant to the States under Article 275 of the Constitution.2. The grants paid out of the Consolidated Fund of India.3. The grant under Article 275 is used for raising the level of administration of the Scheduled Areas.Which of the statements given above are correct?a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
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