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Consider the following statements:1. The 14th Finance Commission increased the tax devolution from the centre to States from 32% to 42%.2. The 15th Finance Commission recommended that the share of States in central taxes for the 2021-26 period be set at 41%.3. Article 275 of the Indian Constitution mandates the division of net tax proceeds between the Union and the States.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct 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:1. The 14th Finance Commission increased the tax devolution from the centre to States from 32% to 42%.2. The 15th Finance Commission recommended that the share of States in central taxes for the 2021-26 period be set at 41%.3. Article 275 of the Indian Constitution mandates the division of net tax proceeds between the Union and the States.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct 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:1. The 14th Finance Commission increased the tax devolution from the centre to States from 32% to 42%.2. The 15th Finance Commission recommended that the share of States in central taxes for the 2021-26 period be set at 41%.3. Article 275 of the Indian Constitution mandates the division of net tax proceeds between the Union and the States.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.

Solutions for Consider the following statements:1. The 14th Finance Commission increased the tax devolution from the centre to States from 32% to 42%.2. The 15th Finance Commission recommended that the share of States in central taxes for the 2021-26 period be set at 41%.3. Article 275 of the Indian Constitution mandates the division of net tax proceeds between the Union and the States.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct 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:1. The 14th Finance Commission increased the tax devolution from the centre to States from 32% to 42%.2. The 15th Finance Commission recommended that the share of States in central taxes for the 2021-26 period be set at 41%.3. Article 275 of the Indian Constitution mandates the division of net tax proceeds between the Union and the States.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct 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:1. The 14th Finance Commission increased the tax devolution from the centre to States from 32% to 42%.2. The 15th Finance Commission recommended that the share of States in central taxes for the 2021-26 period be set at 41%.3. Article 275 of the Indian Constitution mandates the division of net tax proceeds between the Union and the States.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements:1. The 14th Finance Commission increased the tax devolution from the centre to States from 32% to 42%.2. The 15th Finance Commission recommended that the share of States in central taxes for the 2021-26 period be set at 41%.3. Article 275 of the Indian Constitution mandates the division of net tax proceeds between the Union and the States.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements:1. The 14th Finance Commission increased the tax devolution from the centre to States from 32% to 42%.2. The 15th Finance Commission recommended that the share of States in central taxes for the 2021-26 period be set at 41%.3. Article 275 of the Indian Constitution mandates the division of net tax proceeds between the Union and the States.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements:1. The 14th Finance Commission increased the tax devolution from the centre to States from 32% to 42%.2. The 15th Finance Commission recommended that the share of States in central taxes for the 2021-26 period be set at 41%.3. Article 275 of the Indian Constitution mandates the division of net tax proceeds between the Union and the States.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.