Q107
Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are
A.
tax sharing
B.
grant-in-aids
C.
loans
D.
All the above
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are tax sharing, grant-in-aids and loans.