MPSC PYQEconomics

Consider the following statements in the context of Seventh Finance Commission for distribution of the states share of the central excise duty: (a) 25 percent weightage for population. (b) 33.5 percent weightage for poor in each state. (c) 16.5 percent weightage for increase in the per capita income of the state. (d) 25 percent weightage for income equalisation between state. Which of the statement/s given above is/are correct?

A.Only (a) and (d) are correct
B.Only (b) and (c) are correct
C.Only (a), (b) and (c) are correct
D.Only (a), (c) and (d) are correct

Correct answer: A

Source paper

MPSC Sub-Ordinate Group B Combined Pre 2022 (English)

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