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Consider the following pairs regarding financial relations between the Centre and the States in India:
1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States
2. Article 269 -Taxes levied and collected the Union but assigned to the States.
3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre
4. Article 271 - Grants-in-aid provided to the States
How many pairs given above are correctly matched?
- a)Only one pair
- b)Only two pairs
- c)Only three pairs
- d)All four pairs.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Consider the following pairs regarding financial relations between the...
- Article 268 involves duties levied by the Centre but collected by the States. This pair is correct.
- Article 269 covers taxes levied and collected by the Union but assigned to the States. This is also correct.
- Article 270 refers to taxes levied and collected by the Union and distributed between the Union and the States, not surcharges. Therefore, this is incorrect.
- Article 271 pertains to surcharges on certain duties for the Centre, not grants-in-aid. This is incorrect.
Therefore,Correct Answer- Option B
Most Upvoted Answer
Consider the following pairs regarding financial relations between the...
Understanding Financial Relations in India
In India, the financial relations between the Centre and the States are governed by various articles in the Constitution. Let’s evaluate the pairs mentioned:
1. Article 268
- This article refers to taxes levied by the Centre but collected and appropriated by the States.
- Correct Match: This is accurate as certain taxes like stamp duty and property tax are levied by the Centre but collected by the States.
2. Article 269
- This article deals with taxes levied and collected by the Union but assigned to the States.
- Incorrect Match: Article 269 pertains to taxes that are levied by the Centre but collected by the States, not the other way around.
3. Article 270
- This article mentions the distribution of income tax and other taxes between the Centre and States.
- Incorrect Match: It does not talk about surcharges allocated exclusively to the Centre; instead, it discusses the sharing of taxes.
4. Article 271
- This article allows for the imposition of a surcharge on certain taxes for the purpose of augmenting the financial resources of the Centre.
- Incorrect Match: Grants-in-aid are covered under different provisions, not Article 271.
Conclusion
Based on the analysis above, only the first pair is correctly matched. The remaining pairs have inaccuracies regarding their definitions.
Therefore, the correct answer is option 'B' - Only two pairs:
- Article 268 (correct)
- Article 269 (incorrect)
- Article 270 (incorrect)
- Article 271 (incorrect)
Only one pair is correctly matched, making the total correct pairs as one.
In India, the financial relations between the Centre and the States are governed by various articles in the Constitution. Let’s evaluate the pairs mentioned:
1. Article 268
- This article refers to taxes levied by the Centre but collected and appropriated by the States.
- Correct Match: This is accurate as certain taxes like stamp duty and property tax are levied by the Centre but collected by the States.
2. Article 269
- This article deals with taxes levied and collected by the Union but assigned to the States.
- Incorrect Match: Article 269 pertains to taxes that are levied by the Centre but collected by the States, not the other way around.
3. Article 270
- This article mentions the distribution of income tax and other taxes between the Centre and States.
- Incorrect Match: It does not talk about surcharges allocated exclusively to the Centre; instead, it discusses the sharing of taxes.
4. Article 271
- This article allows for the imposition of a surcharge on certain taxes for the purpose of augmenting the financial resources of the Centre.
- Incorrect Match: Grants-in-aid are covered under different provisions, not Article 271.
Conclusion
Based on the analysis above, only the first pair is correctly matched. The remaining pairs have inaccuracies regarding their definitions.
Therefore, the correct answer is option 'B' - Only two pairs:
- Article 268 (correct)
- Article 269 (incorrect)
- Article 270 (incorrect)
- Article 271 (incorrect)
Only one pair is correctly matched, making the total correct pairs as one.
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Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer?
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Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer?.
Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer?.
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Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following pairs regarding financial relations between the Centre and the States in India:1. Article 268 - Taxes levied by the Centre but collected and appropriated by the States2. Article 269 -Taxes levied and collected the Union but assigned to the States.3. Article 270 - Surcharge on taxes and duties allocated exclusively to the Centre4. Article 271 - Grants-in-aid provided to the StatesHow many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairs.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
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