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

  • question_answer
    What are the functions of the Finance Commission?

    A) The distribution between the union and states, on the net proceeds of taxes which are to be, or may be divided between them and the allocation between the states, of the respective shares of such proceeds.

    B) Regarding the principles which should govern the grants- in-aid of the revenue of the states in need of such assistance out of the consolidated fund of India.

    C) Any other matter referred to the Comnaassiea by the President in the interest of sound finance.

    D) All of the above

    Correct Answer: D


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