The horizontal fiscal imbalance that arises in a fiscal federation is also called:

Related MCQs

• A multilevel decentralized fiscal system involving sharing of fiscal responsibilities between central, state and local governments is referred to as:
• If interest payments are subtracted from gross fiscal deficit, the remainder will be
• The term fiscal federalism was introduced by
• The theory of fiscal federalism assumes –
• Fiscal Crisis was carried in ................. period.
• The theory of fiscal policy derives from
• Fiscal Federalism refers to
• The role of the Finance Commission in Central-State fiscal relations has been undermined by
• Horizontal equity incorporates the notion that
• Special assessment is also known as