बाराव्या वित्त आयोगानुसार केंद्राच्या स्थूल महसुलातील किती टक्के वाटा हा राज्य सरकारांना दिल जातो ?

The correct answer is Option A (38.0%).

Key Points:
• The Twelfth Finance Commission (headed by Dr. C. Rangarajan, covering 2005–2010) set out two distinct vertical transfer benchmarks for federal resource sharing:
• 1. It recommended that 30.5% of the net proceeds of shareable Central taxes be devolved to the states.
• 2. More comprehensively, the Commission evaluated total indicative revenue transfers (including tax devolution plus grants-in-aid under Article 275) as an aggregate proportion of the Centre's gross revenue receipts.
• In its overall indicative ceiling, the 12th Finance Commission recommended that total transfers (tax devolution and revenue grants) from the Centre to the States should not exceed 38.0% of the Gross Revenue Receipts of the Union Government.
• In accordance with this statutory macro-fiscal ceiling benchmark, Option 1 (38.0%) is the designated correct answer in the official MPSC answer key.
• Key Takeaway: The 12th Finance Commission capped total revenue transfers (taxes + grants) to states at 38.0% of the Centre's gross revenue receipts.