Indian Polity · Polity
In the context of center-state relations, what does 'fiscal autonomy' of a state primarily mean?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Absolute authority of the state over national monetary policy
- 2The independent capability of a state to manage its budget, spending, and revenue generation✓
- 3Exclusive rights over all sectors of taxation without any federal guidelines
- 4The freedom of a state to introduce its own currency independent of the center
Correct answer
The independent capability of a state to manage its budget, spending, and revenue generation
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