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 ?
question_subject: 
Economics
question_year: 
2006
question_exam: 
CDS-II
stats: 
0,320,288,320,24,184,80