Economics · Economy

With reference to the formula for horizontal devolution recommended by the Sixteenth Finance Commission, consider the following statements: I. Population (2011) has been assigned a higher weight than demographic performance. II. Demographic performance and area have been assigned equal weight. III. Per capita GSDP distance has been assigned a lower weight than the combined weight of forest and contribution to GDP. Which of the statements given above are correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

I and II only

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