Recommendations of 14 th finance commission - General Economics & Indian Economy

Q.  The 14th financial commission has recommended the grants to states for local bodies be in two parts, a basic grant and a performance grant.

The ratio of basic to performance grant is

1. 80:20 with respect to panchayats
2. 90:10 in the case of municipalities.

Which of the above statements are true?
- Published on 30 Mar 15

a. Only 1
b. Only 2
c. Both
d. none

ANSWER: none
 
80:20 with respect to municipalities and 90:10 in the case of panchayats

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