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PYQ Drill · 2024
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Economy
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Which of the following statements with regard to recommendations of the 15th Finance Commission of India are correct? 1. It has recommended grants of ₹ 4,800 crores from the year 2022-23 to the year 2025-26 for incentivizing States to enhance educational outcomes. 2. 45% of the net proceeds of Union taxes are to be shared with States. 3. ₹ 45,000 crores are to be kept as performance-based incentive for all States for carrying out agricultural reforms. 4. It reintroduced tax effort criteria to reward fiscal performance. Select the correct answer using the code given below.
A
(A)
1, 2 and 3
Strike
B
(B)
1, 2 and 4
Strike
C
(C)
1, 3 and 4
Strike
D
(D)
2, 3 and 4
Strike
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