Question

Under Budget 2025–26, which measure best exemplifies

Q: Answer-Under Budget 2025–26, which measure best exemplifies horizontal fiscal equity between Centre and Sta...

Explanation These long-term loans are allocated based on reform performance and development needs , maintaining horizontal equity by supporting financially weaker yet reform-oriented states.

horizontal fiscal equity between Centre and States?

A The Urban Challenge Fund

B 50-year interest-free state loans

C Raising FDI limit in insurance to 100%

D Reduction in TDS on rent

E Launch of BharatTradeNet

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Under Budget 2025–26, which measure best exemplifies

Solution