Question : The Finance Commission:
Option 1: draws up five-year plans
Option 2: formulates monetary policy
Option 3: recommends pay revision of central government employees
Option 4: adjudicates on the sharing of resources between the centre and states
Correct Answer: recommends pay revision of central government employees
Solution : The correct option is to recommend pay revision for central government employees .
A constitutional authority in India called the Finance Commission is in charge of advising how tax income should be split between the Union and state governments. According to Article 280 of the Constitution, the Commission is established by the President of India. The Finance Commission has several duties, including allocating the net proceeds of taxes to the Union and state governments and setting guidelines for the administration of grants-in-aid from state revenues derived from the Consolidated Fund of India.
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Question : Which Commission was appointed by the central government to examine issues related to Centre-State relations?
Question : For which one of the following commissions there is no provision in the Indian Constitution?
Question : Article 76 of the Constitution of India deals with the office of the:
Question : The Rolling plan was implemented between which two five-year plans?
Question : Lord Hastings initiated the ______ where the East India Company claimed that its authority was supreme and hence its power was greater than that of Indian states.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile