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The Subramanian committee proposed a revenue-neutral rate of:

A8 to 10 per cent
B15 to 15.5 per cent
C22 to 24 per cent
D28 to 30 per cent
Answer & Solution
Correct answer: B. 15 to 15.5 per cent
The committee headed by Arvind Subramanian proposed a revenue-neutral rate of 15 to 15.5 per cent.
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