Economics · Economy
Which of the following is not a structural problem or limitation of federal finance in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The constitutional and institutional importance given to the Finance Commission✓
- 2Failure to completely alleviate inter-state and regional fiscal imbalances
- 3Persistent conflicts regarding regional autonomy and fiscal freedom
- 4Wide gap between the financial needs and autonomous resources of state governments
Correct answer
The constitutional and institutional importance given to the Finance Commission
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