Question
Consider the following statements about the Post Devolution Revenue Deficit?
Consider the following statements about the Post Devolution Revenue Deficit?
I. It is related to Article 275 of the Constitution..
II. The grants are released as per the recommendations of the Finance Commission.
III. The grants are released in monthly installments to meet the gap in Revenue Accounts of the States post-devolution. Which of the following statements is/are incorrect?
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