Multiple choice

Which Constitutional authority is responsible for constituting the Finance Commission periodically?

  1. Chairman of Rajya Sabha

  2. Prime Minister

  3. President of India

  4. Speaker of Lok Sabha
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Article 280 of the Constitution mandates that the President of India must constitute a Finance Commission every five years or at such earlier time as he considers necessary. The commission recommends the distribution of financial resources between the Union and the States.

Keep practicing — related questions