Which of the following are the roles of the Finance Commission in India ?

1. The distribution of money collected through taxes
2. Evaluation of Centrally sponsored schemes
3. Evolve principles based on which funds are allotted among States
4. To develop Five Year Plans
Select the correct answer using the codes given below:
(a) 1 and 4 only
(b) 1 and 3 only
(c) 2 and 4 only
(d) 2nad 3 only

Anurag Mishra Professor Asked on 12th January 2016 in Economics.
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    Answer:  (b) 1 and 3 only 

    Anurag Mishra Professor Answered on 13th January 2016.
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