Indian Polity · Polity
Consider the following statements: Statement I: The Finance Commission recommends the share of net proceeds of certain Union taxes to be distributed between the Centre and the States. Statement II: The inter se distribution among the States of the divisible pool is based on criteria fixed by the Finance Commission, but such criteria do not alter the constitutional exclusion of cess and surcharge from the divisible pool. Which one of the following is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Both Statement I and Statement II are incorrect.
- 2Statement I is correct, but Statement II is incorrect.
- 3Both Statement I and Statement II are correct, but Statement II does not explain Statement I.✓
- 4Both Statement I and Statement II are correct, and Statement II explains Statement I.
Correct answer
Both Statement I and Statement II are correct, but Statement II does not explain Statement I.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Indian Polity?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Polity MCQs →Want more practice questions on Polity?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Indian Polity · Polity