UPSC 2012 › Indian Economy › Fiscal Policy & Budget

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UPSC 2012 · Q33 · Indian Economy › Fiscal Policy & Budget · Save

Which of the following is/are among the noticeable features of the recommendations of the Thirteenth Finance Commission?

  1. A design for the Goods and Services Tax, and a compensation package linked to adherence to the proposed design
  2. A design for the creation of lakhs of jobs in the next ten years in consonance with India's demographic dividend
  3. Devolution of a specified share of central taxes to local bodies as grants

Select the correct answer using the codes given below :

(a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
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Answer: (c) 1 and 3 only