Inter-Governmental Fiscal Transfers
Description: This quiz covers the concept of Inter-Governmental Fiscal Transfers (IGFTs) in India. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: indian politics political decentralization inter-governmental fiscal transfers |
What is the primary objective of Inter-Governmental Fiscal Transfers (IGFTs) in India?
Which of the following is NOT a type of IGFT in India?
Which constitutional provision authorizes the central government to provide grants-in-aid to states?
What is the Finance Commission's role in IGFTs in India?
Which of the following is NOT a factor considered by the Finance Commission while determining the allocation of IGFTs?
What is the main purpose of tax sharing in IGFTs?
Which of the following taxes is NOT shared between the center and states in India?
What is the formula used to determine the share of each state in the divisible pool of taxes?
Which type of grant-in-aid is provided to states for specific purposes and projects?
What is the purpose of performance-based grants in IGFTs?
Which of the following is NOT a challenge associated with IGFTs in India?
What is the role of the Comptroller and Auditor General (CAG) in IGFTs?
Which of the following is NOT a recommendation of the Fourteenth Finance Commission (2015-2020) on IGFTs?
What is the significance of the Goods and Services Tax (GST) in the context of IGFTs?
What are the key challenges that need to be addressed to improve the effectiveness of IGFTs in India?