Question
Which Article(s) or Part(s) of the Constitution
specifically provide for the Finance Commission and allocation of revenues (relevant to Parts XI & XII)?Solution
Article 280 provides for the establishment of the Finance Commission, a key institution in India’s fiscal federal framework. Its primary function is to recommend the distribution of net tax proceeds between the Union and the States and to suggest principles governing grantsin-aid. The Finance Commission ensures financial autonomy of States while maintaining national economic unity. Though its recommendations are advisory, they carry substantial constitutional weight. In Union of India v. Harbhajan Singh Dhillon, the Court recognized fiscal arrangements as integral to federal balance. The Finance Commission thus operationalizes cooperative federalism by balancing revenue needs and responsibilities.
‘The Race of my Life’ is the autobiography of which of the following sportsmen?
As on July 2020, employees whose monthly wages are ______ or below are covered under the ESI Act.
Which of the following statement is are Incorrect about Himalaya Project recently resolved to declare Yaya Tso.
1. The panchayat of Chumathang vi...
During one of the Five-Year Plans which of the following politicians gave the slogan ‘Garibi Hatao’?
India accounts for 45.8 million of the world’s missing females according to the State of World Population 2020 report of:
RBI has proposed to revise the definition of bulk deposits as a ‘Single Rupee term deposit of _______’ for Scheduled Commercial Banks. Â
..._____ was the son of a Chief of the Jnatrika (or Jhatrika) Kshatriya clan.
The Gold Monetization Scheme allows depositors to earn interest on gold held in:
Under which Article of the Constitution of India is the Village Panchayat organised?
From which country has the concept of Martial Law, which restricts Fundamental rights, borrowed?
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