New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Under which constitutional article does the Government

    of India allocate the Post Devolution Revenue Deficit Grant (PDRD) to the states?
    A Article 125 Correct Answer Incorrect Answer
    B Article 189 Correct Answer Incorrect Answer
    C Article 231 Correct Answer Incorrect Answer
    D Article 275 Correct Answer Incorrect Answer

    Solution

    The Government of India provides the Post Devolution Revenue Deficit Grant to the states under Article 275 of the Indian Constitution. This grant is issued based on the recommendations of the Finance Commission to help states bridge the gap in their Revenue Accounts after devolution. The allocation of such grants ensures fiscal uniformity and supports states in meeting specified fiscal targets. 

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