1Mediumprelims2 marks
Fiscal Policy & Budget
With reference to the Fourteenth Finance Commission, which of the following statements is/are correct?
1. It has increased the share of States in the central divisible pool from 32 percent to 42 percent.
2. It has made recommendations concerning sector-specific grants.
Select the correct answer using the code given below.
A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2