Single Answer MCQ
Q-00014769
How are funds allocated in a federal system to ensure financial autonomy?
1
Through a common central pool
2
Each level of government specifies its own sources of revenue
3
Funding from international organizations only
4
Direct control by the national government
Answer and Solution
Answer
B. Each level of government specifies its own sources of revenue
Solution:
In a federal system, each level of government is allocated specific sources of revenue to ensure financial autonomy, preventing dependency on one central source.
Watch Video Solution