Question

    According to the 15th Finance Commission, what percentage of central tax proceeds is allocated to the states?

    A 30% Correct Answer Incorrect Answer
    B 35% Correct Answer Incorrect Answer
    C 41% Correct Answer Incorrect Answer
    D 45% Correct Answer Incorrect Answer
    E 50% Correct Answer Incorrect Answer

    Solution

    The 15th Finance Commission recommended that 41% of the central tax revenue be allocated to the states to ensure balanced regional development.

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