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
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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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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
Question : Which of the following can make provisions for ancillary powers of the Supreme Court?
Option 2: Law Commission of India
Option 3: Minister of Law & Justice
Option 4: Parliament of India
Question : In India, which of the following bodies is constitutional in nature?
Option 1: NITI Aayog
Option 2: National Human Rights Commission
Option 3: Central Vigilance Commission
Option 4: Finance Commission
Question : Which of the following is constituted under Article 280 of the Constitution of India?
Option 1: Advocate General
Option 2: Central Vigilance Commission
Option 3: Finance Commission
Option 4: National Commission for Women
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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