Question : The Finance Commission of India is required to make recommendations to the _________.
Option 1: President of India
Option 2: Ministry of Finance
Option 3: Parliament
Option 4: Central Cabinet
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: President of India
Solution : The correct option is the President of India .
The Finance Commission of India is required to make recommendations to the President of India. Specifically, it is tasked with making recommendations on the distribution of tax revenues and other fiscal matters between the central government and individual states. This includes recommendations on the sharing of central taxes, grants-in-aid to states, and other financial transfers.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : Which body is constituted by the President of India to advise on the decision of Central Resources between the central and the State ?
Question : Which of the following can make provisions for ancillary powers of the Supreme Court?
Question : In India, which of the following bodies is constitutional in nature?
Question : Which of the following is constituted under Article 280 of the Constitution of India?
Question : Who appoints the Finance Commission?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile