Question
Under the 16th Finance Commission recommendations, what
is the States’ share in the divisible pool of central taxes?Solution
The States’ share in the divisible pool is set at 41%, the same as under the 15th Finance Commission. The divisible pool is defined as gross tax revenue minus cess, surcharge, and collection cost. This share determines how much of the Centre’s net divisible tax proceeds are distributed to states through tax devolution.
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements:
Some Letter are Coin. All Coin are Note Only a few Paper are Note.
Conclusions: I. Some Letter are Note. II. All Letter are Pa...
Statements:
Only English are History.
Only a few English are Science.Â
Some Science are not Hindi. Â Â
Conclusions:
<...Two statements have been given followed by two conclusions (I) and (II). Assuming the statements to be true, even if they seem to be at variance from co...
Three statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varianc...
Statements: H = U < S ≤ V > F = E > J ≥ I
Conclusion
I: H < F
II: V > I
Statements: P ≥ Q, R > S, R ≥ Q, T = P < U
Conclusion:
I. R > P
II. U > Q
Statements: J ≥ K ≥ L = O; M ≤ N < O; M ≥ P < K
Conclusions:
I. L < M
II. J ≥ N
III. N > P
Statements:
Only a few blankets are quilts. No bedsheet is quilt. Only blanket is cushion.
Conclusions:
I. All bedsheets being...
The data breach at 19 Indian banks that have led to more than 32 lakh debit cards being blocked or recalled is a wake-up call for the banking industry. ...
