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      Question

      Which of the following is not the function of finance

      commission?
      A To recommend the distribution between union and state of the net proceeds of taxes Correct Answer Incorrect Answer
      B Suggest the principles which should govern the grants-in-aid of the States Correct Answer Incorrect Answer
      C Suggest measures to augment the consolidated fund of a State in order to supplement the resources of the Panchayats and Municipalities Correct Answer Incorrect Answer
      D To formulate a plan for the most effective utilisation of the country's resources Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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