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
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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Question : Which of the following institutions is mandated by the Constitution to make recommendations to the President on the principles which should govern the grants in-aid of the revenues of the States out of the Consolidated Fund of India?
Question : Which one of the following formulates the fiscal policy in India?
Question : Which one of the following appointments is not within the purview of the President of India?
Question : The first Finance Commission of India was set up in the year:
Question : Women Transforming India (WTI) Awards have been hosted since 2018 under the aegis of ______ with a focus on entrepreneurship.
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