GST Council
Tested in 4 real MPSC questions across 1 year (2021–2021). See it in context on the interactive Concept Graph →
Years it was asked
Real questions that test this
खालीलपैकी कोणत्या देशानी संघीय वित्त व्यवस्था स्वीकारली आहे ? / Which of the following countries have adopted a federal system of government finance ?
Federal systems of government finance involve specific constitutional division of taxation powers and revenue sharing between federal and sub-national units, seen in classical federal models.
केंद्र आणि राज्य सरकार यांच्यातील वित्तीय संबंध ठरविणारे घटक कोणता/कोणते ? / What is/are a determinant/determinants of financial relations between the central and state government ?
Financial relations between the central and state governments are determined by multiple components including constitutional provisions, statutory bodies like the Finance Commission, grants-in-aid, and the division of taxation powers.