📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Centre-State financial relations are looked after by

    the:
    A Ministry of Finance Correct Answer Incorrect Answer
    B Finance Commission Correct Answer Incorrect Answer
    C Sarkaria Commission Correct Answer Incorrect Answer
    D Planning Commission Correct Answer Incorrect Answer

    Solution

    In Centre state financial relations Finance Commission plays an important role. According to the Constitution the President is empowered to set up a Finance Commission after every five years to make recommendations to him about the distribution of net proceeds of taxes to be divided between the center and the states.

    Practice Next

    Relevant for Exams:

    ask-question