Finance Commission
8 questions
Generally, in India Finance Commission is appointed for every five years-
With reference to Union Finance Commission, which of the following statement/s is/are correct? (1) Finance Commission has a Chairman and six members. (2) It submits its report to the NITI Aayog. Select the correct answer using the code given below : Code :
Given below are two statements one is labelled as Assertion (A) and other as Reason (R): Assertion (A): The President of India determines the qualifications of the Chairman and Members of the Finance Commission. Reason (R): Chairman and members are appointed by the President of India. Select the correct answer using the codes given below. Codes:
The main functions of Finance Commission is –
Who recommends the distribution of finance between Union and the States?
Who was the Chairman of the 13-Finance Commission?
Who has been nominated as the chairman of the 15th Finance Commission.
Consider the following statements and select the correct answer from the code given below: Assertion (A): State Finance Commission is a Constitutional body. Reason (R): Union Finance Commission cannot recommend financial assistance to Panchayats. <!-- PAGE 375 --> 376 # Code :