Question : Who appoints the Finance Commission?
Option 1: Finance Minister
Option 2: Prime Minister
Option 3: Speaker of the Lok Sabha
Option 4: President
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Correct Answer: President
Solution : The correct answer is President .
The Finance Commission in India is appointed by the President of India. The President appoints the members of the Finance Commission based on the provisions in Article 280 of the Indian Constitution. The Finance Commission is a constitutional body responsible for recommending the distribution of certain taxes and other financial resources between the central government and the state governments and among the states themselves.
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