state gov TNPSC Group 4 (தமிழ்நாடு குழு IV) Mock Test 2025 General Knowledge Polity Central Government
With regards to center-state financial relations, which of the following net proceeds of taxes do not form a part of the Consolidated Fund of India?
1. Taxes on the consignment of goods in the course of inter-state trade or commerce.
2. Stamp duties on bills of exchange and policies of insurance.
Select the correct answer using the codes given below:
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2