Fiscal Federalism refers to
A) sharing of political power between centre and states
B) organising and implementing economic plans
C) division of economic functions and resources among different layers of govt.
D) none of these
Correct Answer:
Verified
Q36: The idea of 'Democratic Decentralization' in India
Q37: Which one of the following is the
Q38: The incidence of tax refers to:
A)the level
Q39: The theory of fiscal policy derives from
A)principle
Q40: The most important source of public revenue
Q42: Which one of the following is an
Q43: Principle of sound finance refers to
A)maximum government
Q44: Private goods are characterized by
A)application of exclusion
Q45: Tax refers to
A)compulsory contribution
B)payment by the people
Q46: . Pump priming is
A)injection of purchasing power
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