MCQ
Finance Commission devolution MCQ - Practice Questions with Answers
Solve 1 Finance Commission devolution questions for RAS/RPSC preparation.
Practice questions
Q1The 15th Finance Commission has recommended that the vertical share of the states be kept at:
Explanation
For the award period 2021-22 to 2025-26, the 15th Finance Commission recommended that states receive 41% of the divisible pool of central taxes as their vertical share. The 42% figure is associated with the previous Finance Commission framework and is not the recommendation for this full 15th Commission award period. The 40% and 43% figures, with the years shown, do not match the 15th Finance Commission recommendation. Since the question is from the 2022 CET cycle, the relevant as-of context is the 2021-22 to 2025-26 award period.
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