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


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

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.

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