Multiple choice

Which is/are true about Finance Commission?

  1. It is a statutory body

  2. It is constituted under Article 280 of the Constitution

  3. Dr. C. Rangrajan is Chairman of 12th Finance Commission

  4. All of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Finance Commission is a statutory body constituted under Article 280 of the Indian Constitution every five years. Dr. C. Rangarajan was indeed the Chairman of the 12th Finance Commission (2004-2009). All three statements A, B, and C are correct.