Resources transferred from the Government of India to States are termed ‘statutory’ if they are made

Question

Resources transferred from the Government of India to States are termed &lsquo;statutory&rsquo; if they are made

Admin · Accepted Answer

On the recommendations of the Finance Commission

Admin · Answer

A In the form of loans

Admin · Answer

In the form of grants

Admin · Answer

On the recommendations of the Planning Commission

Q. Resources transferred from the Government of India to States are termed ‘statutory’ if they are made