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Chandrakant • 6.73K Points
Tutor III Economic 

Q. In Centre-State Financial relations in India, Gadgil Formula is used in

  • (A) Division of tax revenue
  • (B) Writing off States indebtedness to the Centre
  • (C) Formulating the policy for fresh borrowings
  • (D) Allocating Central Plan assistance between States
Correct Answer - Option(A)

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