Consider the following statement s about 11 Finance Commission 1. It was constituted to go recommendations on specified aspects of Centre - State fiscal relations during 2005- 2010. 2. It has recommended that the share of states in the net proceeds of sha

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Q: 79 (CDS-II/2006)
Consider the following statement s about 11 Finance Commission
1. It was constituted to go recommendations on specified aspects of Centre - State fiscal relations during 2005- 2010.
2. It has recommended that the share of states in the net proceeds of share alike Central taxes shall be 50%.
Which of the statements given above is/ are correct ?
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question_subject: 

Economics

question_exam: 

CDS-II

stats: 

0,7,21,7,1,14,6

keywords: 

{'central taxes': [1, 0, 1, 0], 'fiscal relations': [0, 0, 0, 1], 'net proceeds': [1, 0, 1, 2], 'finance commission': [8, 1, 3, 1], 'share': [0, 0, 2, 3], 'states': [1, 0, 0, 1], 'centre': [10, 3, 7, 19], 'aspects': [0, 0, 1, 2]}