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UPSC 2012: Which of the following is/are among the noticeable features of the recommendations of the Thirteenth Finance Commission? 1. A design for the Goods and Services Tax, and a compensation package linked to adherence to the proposed design 2. A design for the creation of lakhs of jobs in the next ten years in consonance with India’s demographic dividend 3. Devolution of a specified share of central taxes to local bodies as grants Select the correct answer using the codes given below:
(a)1 only
(b)2 and 3 only
(c)1 and 3 only
(d)1, 2 and 3
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Not attemptedCorrect Answer: (c) 1 and 3 only
The 13th Finance Commission drafted a model Goods and Services Tax (GST) with a compensation package for states and recommended that a share of divisible-pool taxes be devolved to local bodies. Designing large-scale job-creation programmes was outside its mandate, so statement 2 is incorrect. Hence statements 1 and 3 only are right. ([superkalam.com](https://superkalam.com/upsc-prelims/previous-year-question-paper/2012/gs-analysis/indian-polity?utm_source=openai))
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What is the correct answer to this UPSC 2012 Indian Economy question?▼
The correct answer is option (c): 1 and 3 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
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This question was asked in UPSC CSE Prelims 2012, GS Paper 1, as Question 33. It falls under Indian Economy > Fiscal Policy & Budget.
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This question is rated "difficult". It is a challenging question that demands deep subject knowledge and analytical thinking.
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UPSC has asked 44 questions from Fiscal Policy & Budget (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.