Q1. In the context of the horizontal devolution formula adopted by the Sixteenth Finance Commission, the criterion 'Income Distance' refers to which one of the following?
- A. The gap between a State's per capita income and that of the State with the highest per capita income
- B. The absolute difference between the Centre's gross tax revenue and the State's own tax revenue
- C. The deviation of a State's GSDP growth rate from the national average GDP growth rate
- D. The ratio of a State's fiscal deficit to its Gross State Domestic Product