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State Finance Commissions

State Finance Commissions are independent bodies constituted by the State Governments in India to make recommendations on the distribution of financial resources between the State and the local governments.

14 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

When was the first State Finance Commission constituted in India?

  1. 1951
  2. 1957
  3. 1961
  4. 1969
Question 2 Multiple Choice (Single Answer)

What is the primary function of the State Finance Commissions?

  1. To make recommendations on the distribution of financial resources between the State and the local governments
  2. To review the financial position of the State Government
  3. To suggest measures for improving the fiscal discipline of the State Government
  4. To advise the State Government on matters related to public finance
Question 3 Multiple Choice (Single Answer)

How many State Finance Commissions have been constituted in India so far?

  1. 14
  2. 15
  3. 16
  4. 17
Question 4 Multiple Choice (Single Answer)

Which State Finance Commission was headed by N.K.P. Salve?

  1. Eleventh
  2. Twelfth
  3. Thirteenth
  4. Fourteenth
Question 5 Multiple Choice (Single Answer)

Which State Finance Commission recommended the introduction of Goods and Services Tax (GST)?

  1. Eleventh
  2. Twelfth
  3. Thirteenth
  4. Fourteenth
Question 6 Multiple Choice (Single Answer)

What is the term of office of a State Finance Commission?

  1. One year
  2. Two years
  3. Three years
  4. Four years
Question 7 Multiple Choice (Single Answer)

Who appoints the members of a State Finance Commission?

  1. The President of India
  2. The Prime Minister of India
  3. The Governor of the State
  4. The Chief Minister of the State
Question 8 Multiple Choice (Single Answer)

How many members are there in a State Finance Commission?

  1. 3
  2. 5
  3. 7
  4. 9
Question 9 Multiple Choice (Single Answer)

What is the composition of a State Finance Commission?

  1. A Chairman, two members from the State Government, and two independent members
  2. A Chairman, three members from the State Government, and two independent members
  3. A Chairman, four members from the State Government, and one independent member
  4. A Chairman, five members from the State Government, and no independent members
Question 10 Multiple Choice (Single Answer)

What are the factors considered by the State Finance Commissions while making recommendations?

  1. The population of the State
  2. The area of the State
  3. The per capita income of the State
  4. The fiscal needs of the State
  5. All of the above
Question 11 Multiple Choice (Single Answer)

What are the recommendations of the State Finance Commissions binding on?

  1. The State Government
  2. The Local Governments
  3. Both the State Government and the Local Governments
  4. None of the above
Question 12 Multiple Choice (Single Answer)

What is the significance of the State Finance Commissions?

  1. They help in ensuring financial equity between the State and the local governments
  2. They promote fiscal discipline and accountability
  3. They facilitate the effective utilization of financial resources
  4. All of the above
Question 13 Multiple Choice (Single Answer)

What are some of the challenges faced by the State Finance Commissions?

  1. Political interference
  2. Lack of adequate data
  3. Limited resources
  4. All of the above
Question 14 Multiple Choice (Single Answer)

What are some of the suggestions for improving the functioning of the State Finance Commissions?

  1. Ensuring their independence and autonomy
  2. Providing them with adequate resources
  3. Improving the quality of data available to them
  4. All of the above
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