The Constitution of India provides for transfer of resources from Centre to States in the form of:

Question

I. Tax sharing

II. Loans

III. Grants-in-aid

IV. Grants for implementation of Five Year Plans

[A] (i), (ii) and (iii) are correct

[B] (i) and (iii) are correct

[C] (i), (iii) and (iv) are correct

[D] All are correct

Answer & Explanation
Option: [A]