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UPSC Indian Polity and Civics Miscellaneous / विविध Question Bank Miscellaneous Topics

  • question_answer
    Whose duty is it to recommend to the President of India on the issue of the distribution and allocation of the net proceeds of taxes in the context of Centre-State fiscal relations?

    A) Planning commission

    B) National Development Council

    C) Union Ministry of Finance

    D) Finance Commission

    Correct Answer: D

    Solution :

    An instrument which the constitution has evolved for the purpose of distributing financial resources between the centre and the states is the finance commission. According to Article 280 of the constitution, it is to be constituted by the president once five year and consist of a chairman and four other members appointed by the president.


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