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

  • google app store apple app store
  • ✖

      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