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Consider the following statements. The Constitution of India stipulates that a state cannot raise a loan without the consent of the Government of Indiaif any part of a previous loan from the central government remains outstanding. States in India have a normal net borrowing ceiling set at 5% of Gross State Domestic Product (GSDP)for the fiscal year 2024, as per the Fifteenth Finance Commission’s recommendation. States in India receive an extra 0.5% of GSDPin borrowing capacity as a performance-based incentive for power sector reforms.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements. The Constitution of India stipulates that a state cannot raise a loan without the consent of the Government of Indiaif any part of a previous loan from the central government remains outstanding. States in India have a normal net borrowing ceiling set at 5% of Gross State Domestic Product (GSDP)for the fiscal year 2024, as per the Fifteenth Finance Commission’s recommendation. States in India receive an extra 0.5% of GSDPin borrowing capacity as a performance-based incentive for power sector reforms.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements. The Constitution of India stipulates that a state cannot raise a loan without the consent of the Government of Indiaif any part of a previous loan from the central government remains outstanding. States in India have a normal net borrowing ceiling set at 5% of Gross State Domestic Product (GSDP)for the fiscal year 2024, as per the Fifteenth Finance Commission’s recommendation. States in India receive an extra 0.5% of GSDPin borrowing capacity as a performance-based incentive for power sector reforms.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?.

Solutions for Consider the following statements. The Constitution of India stipulates that a state cannot raise a loan without the consent of the Government of Indiaif any part of a previous loan from the central government remains outstanding. States in India have a normal net borrowing ceiling set at 5% of Gross State Domestic Product (GSDP)for the fiscal year 2024, as per the Fifteenth Finance Commission’s recommendation. States in India receive an extra 0.5% of GSDPin borrowing capacity as a performance-based incentive for power sector reforms.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Consider the following statements. The Constitution of India stipulates that a state cannot raise a loan without the consent of the Government of Indiaif any part of a previous loan from the central government remains outstanding. States in India have a normal net borrowing ceiling set at 5% of Gross State Domestic Product (GSDP)for the fiscal year 2024, as per the Fifteenth Finance Commission’s recommendation. States in India receive an extra 0.5% of GSDPin borrowing capacity as a performance-based incentive for power sector reforms.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements. The Constitution of India stipulates that a state cannot raise a loan without the consent of the Government of Indiaif any part of a previous loan from the central government remains outstanding. States in India have a normal net borrowing ceiling set at 5% of Gross State Domestic Product (GSDP)for the fiscal year 2024, as per the Fifteenth Finance Commission’s recommendation. States in India receive an extra 0.5% of GSDPin borrowing capacity as a performance-based incentive for power sector reforms.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements. The Constitution of India stipulates that a state cannot raise a loan without the consent of the Government of Indiaif any part of a previous loan from the central government remains outstanding. States in India have a normal net borrowing ceiling set at 5% of Gross State Domestic Product (GSDP)for the fiscal year 2024, as per the Fifteenth Finance Commission’s recommendation. States in India receive an extra 0.5% of GSDPin borrowing capacity as a performance-based incentive for power sector reforms.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements. The Constitution of India stipulates that a state cannot raise a loan without the consent of the Government of Indiaif any part of a previous loan from the central government remains outstanding. States in India have a normal net borrowing ceiling set at 5% of Gross State Domestic Product (GSDP)for the fiscal year 2024, as per the Fifteenth Finance Commission’s recommendation. States in India receive an extra 0.5% of GSDPin borrowing capacity as a performance-based incentive for power sector reforms.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements. The Constitution of India stipulates that a state cannot raise a loan without the consent of the Government of Indiaif any part of a previous loan from the central government remains outstanding. States in India have a normal net borrowing ceiling set at 5% of Gross State Domestic Product (GSDP)for the fiscal year 2024, as per the Fifteenth Finance Commission’s recommendation. States in India receive an extra 0.5% of GSDPin borrowing capacity as a performance-based incentive for power sector reforms.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.