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    Question

    How much tax devolution has the Centre released to

    states to boost capital expenditure and welfare activities?
    A тВ╣1.23 lakh crore Correct Answer Incorrect Answer
    B тВ╣1.73 lakh crore Correct Answer Incorrect Answer
    C тВ╣2.23 lakh crore Correct Answer Incorrect Answer
    D тВ╣1.50 lakh crore Correct Answer Incorrect Answer
    E тВ╣1.99 lakh crore Correct Answer Incorrect Answer

    Solution

    The Centre has released тВ╣1.73 lakh crore as tax devolution to states, nearly double the amount released in December 2024. This is aimed at boosting the financial capacity of states to undertake developmental and welfare activities. Approximately 41% of the taxes collected by the Centre are devolved to states during the fiscal year.

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