Finance Commission devolution MCQ — 1 Practice Questions with Answers

Finance Commission devolution is a Indian Economy topic in the RAS/RPSC syllabus. This page gathers exam-style Finance Commission devolution multiple-choice questions with correct answers and explanations, so aspirants can test recall and revise frequently examined concepts.

Practice 1 Finance Commission devolution multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

1 Questions Indian Economy

Reviewed by: Aspirant Academy Editorial Team

Q1. The 15th Finance Commission has recommended that the vertical share of the states be kept at:

A 41% from 2021-22 to 2025-26 Correct

B 42% from 2020-21 to 2024-25

C 40% from 2018-19 to 2022-23

D 43% from 2017-18 to 2021-22

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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Finance Commission devolution falls under the Indian Economy section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.

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