Fiscal Federalism refers to:

CA Foundation · Business Economics · MTP · January 2025
Fiscal Federalism refers to:
(A) A. Organising and Implementing development plan
(B) B. The management of Fiscal Policy by a nation
(C) C. Division of economic functions and resources among different layers of the government
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Division of economic functions and resources among different layers of the government

Topics: Nature & Scope of Business Economics

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