Which of the following statements, with respect to grants from central to state resources is/are correct?

  1. The statutory grants to the state are given on the recommendation of NITI Aayog.
  2. Provision for statutory grant is prescribed under article 275 of the constitution.
  3. Grants may differ in amount for different states

Select the correct option from the codes given below:

Answer: [B] Only 2 & 3

Statutory grants are given on recommendation of Finance commission. Article 275 empowers the Parliament to make grants to the states which are in need of financial assistance and not to every state. The amount may differ for different states.

This question is a part of GKToday's Integrated IAS General Studies Module