Match the criteria for devolution weight % in 15th Finance Commission.(a) Tax efforts 1. 10.0% (b) Population (2011) 2. 2.5% (c) Forest and Ecology 3. 15% (d) Income Distance 4. 45%
(a) (b) (c) (d)
2 3 1 4
The 15th Finance Commission (chaired by N. K. Singh) fixed the criteria and weights for horizontal distribution of the divisible tax pool among States for 2021-26.
Weights: Income distance 45%, Population (2011) 15%, Area 15%, Forest and ecology 10%, Demographic performance 12.5%, Tax and fiscal efforts 2.5%.
Matching: (a) Tax efforts → 2.5% (2); (b) Population (2011) → 15% (3); (c) Forest and Ecology → 10.0% (1); (d) Income Distance → 45% (4).
So the code is a-2, b-3, c-1, d-4.
Hence, (a) (b) (c) (d)
2 3 1 4.
Which of the following is/are true about the residuary powers under the Constitution?
(i) It follows the precedent of Canada.
(ii) The Constitution vests the residuary power in the Union Legislature.
(iii) Residuary powers are conferred upon the courts.
Comparing the 14th and 15th Finance Commissions, which of the following statements are correct?
(i) The weightage of income distance has increased
(ii) The weightage of population (2011 census) has increased
(iii) The weightage of area has remained the same