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    Question

    The Centre released the third instalment of tax

    devolution to the states in February, amounting to Rs 1.42 trillion. How many instalments does the Centre generally release to the states in a year?
    A 12 Correct Answer Incorrect Answer
    B 14 Correct Answer Incorrect Answer
    C 16 Correct Answer Incorrect Answer
    D 10 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Centre generally releases 14 instalments to the states in a year, one each in 11 months and three in March.

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