Consider the following statements about the 15th Finance Commission:1. It was constituted to review the financial relations between the Centre and the States.2. It recommended increasing the vertical devolution of funds from the Centre to the States.3. It suggested a new formula for the horizontal distribution of funds among the States.Which of the statements given above is/are correct? - Study24x7
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Dev kumar
01 Jan 1970 05:30 AM study24x7 study24x7

Consider the following statements about the 15th Finance Commission:1. It was constituted to review the financial relations between the Centre and the States.
2. It recommended increasing the vertical devolution of funds from the Centre to the States.
3. It suggested a new ...

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A

1 and 2 only

B

2 and 3 only

C

1, 2 and 3

D

1 only

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