Question
Which fiscal imbalance refers to the mismatch between
revenue-raising powers and expenditure responsibilities across different levels of government, a key concern for the Finance Commission?Solution
Vertical fiscal imbalance refers to the mismatch between the revenue powers of the Union and the expenditure responsibilities of States. Addressing this imbalance through tax devolution and grants is a central function of the Finance Commission, including the 16th Finance Commission.
Ticks rank right up there with bats, snakes and spiders as creatures that _____________ fear and disgust at the mere mention of their name.
Each sentence has two blanks. Choose the pair that fits best.
The economist’s lecture was so ________ in reasoning yet so ________ in deliver...
Each sentence has one blank. Choose the most appropriate word to make the sentence grammatically and contextually correct.
The regulator soug...
1) similar
2) as
3) though
4) same
5) many
Fill in the blank/s with suitable Word/s:
The team needs to _________ a new strategy and _________ it immediately.
Choose the correct alternative.
He was accused ______ theft.
Directions: In the following sentences, there are two blanks. Find out the appropriate words for filling up the blanks.
The Reserve Bank of ...
Select the most appropriate homophone to fill in the blank.
In many road accidents people break their bones mainly because their vehicle __...
The brutal incident ………a ……… of ………….. in the society.
There are still a few people in northern Europe who think that global warming might not be such a bad thing. In Britain, where summer can sometimes see...