Question

The Constitution of India provides for transfer of resources from Centre to States in the form of:

I. Tax sharing
II. Loans
III. Grants-in-aid
IV. Grants for implementation of Five Year Plans
A (i), (ii) and (iii) are correct
B (i) and (iii) are correct
C (i), (iii) and (iv) are correct
D All are correct
Answer & Explanation
Option: [A]

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