Polity·Finance Commission
What taxes form the 'divisible pool' for devolution?
Answer: All Central taxes except surcharges, cesses, and earmarked taxes.
States object to high cess/surcharge — these don't go to divisible pool.
Archive · 28 November 2021
One from Polity, one from History, one from Current Affairs. Deterministic selection for this date — same 3 cards every time.
Answer: All Central taxes except surcharges, cesses, and earmarked taxes.
States object to high cess/surcharge — these don't go to divisible pool.
Answer: Telangana (29th state) and residuary Andhra Pradesh — effective 2 June 2014.
Telangana with capital Hyderabad; AP got 10 years shared capital; Amaravati declared as AP capital.
Answer: 11 members — original 5 + Egypt, Ethiopia, Iran, UAE, Saudi Arabia (Jan 2024) + Indonesia (Jan 2025).
BRICS's collective GDP (PPP) = ~30% of global GDP.
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