Indian Polity · Polity
Consider the following statements regarding the devolution of resources as recommended by the Finance Commission: I. The Finance Commission evaluates horizontal devolution among States based on criteria that prominently include population, income distance, area, and fiscal discipline. II. Horizontal devolution refers to the distribution of financial resources among States to ensure fairness and equity. III. Vertical devolution is the primary process used to determine the allocation of resources among different States based on their income distance. IV. Fiscal discipline is expressly excluded from the specific set of measurable criteria used for evaluating horizontal devolution. Choose the correct statements from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I and II Only✓
- 2II and III Only
- 3I, III and IV Only
- 4I, II and IV Only
Correct answer
I and II Only
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