1.

Finance Commission recommends: 1. Determination of and principles guiding grant-in-aid 2. Economy in expenditure 3. Distribution of net proceeds of tax collection between Centre and States Which of the following statements is/are correct?

A. 1 and 2            
B. 1, 2 and 3
C. 3 only              
D. 1 and 3
Answer» E.


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