Question : Which body is constituted by the President of India to advise on the decision of Central Resources between the central and the State ?

Option 1: Tariff Commission

Option 2: Finance Commission

Option 3: Planning Commission 

Option 4: Taxation Enquiry Commission


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 21st Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Planning Commission


Solution : The correct option is Planning Commission.

The Planning Commission was officially established by the President of India to advise on the allocation of national resources between the central government and the states. The Planning Commission was instrumental in developing Five-Year Plans and awarding monies for different development projects and programmes. But in 2015, Planning commission was superseded by NITI Aayog.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

UPES Dehradun | B.Com Admissi...
Apply
#41 in NIRF | 50 LPA Highest CTC, Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES Dehradun BA Admissions 2025
Apply
Ranked #46 amongst Universities in India by NIRF | Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
Pearl Academy BBA 2025
Apply
No. 1 Design & Fashion Institute by ASSOCHAM, India Today, Outlook and The Week rankings
Woxsen University BBA (Hons.)...
Apply
AACSB, Business Graduates Association, AMDISA Member | Merit-Based Scholarships
UPES Dehradun BCA Admissions ...
Apply
Ranked #46 Among Universities in India by NIRF | 2570+ Students Placed | 96.55% Placement, 700+ Recruiters
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books