Question : The Finance Commission is constituted by the President of India under Article ______ of the Constitution.
Option 1: 164
Option 2: 280
Option 3: 112
Option 4: 226
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Answer (1)
20th Jan, 2024
Correct Answer: 280
Solution : The correct answer is 280 .
Established every five years by the Indian President under Article 280 of the Indian Constitution, its purpose is to determine the financial ties between the Centre and the states. The Finance Commission (Miscellaneous Provisions) Act of 1951 formed the First Commission.
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