What is the primary purpose of the Consolidated Fund of India?

To fund development projects in the states.

To pay salaries and allowances of government employees.

To provide loans to states for infrastructure development.

To fund unforeseen expenses approved by Parliament.

What are some of the expenses charged on the Consolidated Fund of India that do not require the sanction of Parliament?

Salaries and allowances of government employees

Expenses related to infrastructure development

Debt charges of the Government of India

Expenses declared by the Constitution or Parliament

What is the primary role of the State Finance Commissions in India?

To oversee the implementation of central government projects in states.

To make recommendations on the distribution of taxes between states.

To rationalize and systematize state-level fiscal relations.

To audit the financial statements of state governments.

What is the key advisory role of the Finance Commission in India?

To make binding decisions on the distribution of taxes.

To oversee the functioning of state governments.

To provide recommendations to the government.

To allocate resources among states.

What is the primary responsibility of the President of India regarding the recommendations of the Finance Commission?

To approve the recommendations without review.

To implement the recommendations immediately.

To lay the recommendations before Parliament.

To make final decisions on resource allocation.

What is the primary function of the Contingency Fund of India?

To fund long-term development projects.

To provide emergency funds for unforeseen expenses.

To pay salaries of government employees.

To fund state-level initiatives.

Which body has the authority to control and audit the financial activities of the State governments in India?

Central Bureau of Investigation (CBI)

Comptroller and Auditor-General (CAG)

Finance Commission Free MCQ Practice Test with Solutions

	Finance and Economics 245 videos\|193 docs\|105 tests

	Finance and Economics 245 videos\|193 docs\|105 tests

Important Questions for Finance Commission

Find all the important questions for Finance Commission at EduRev.Get fully prepared for Finance Commission with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Finance Commission syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Finance Commission resources.

Finance Commission MCQs with Answers

Prepare for the Finance Commission within the SSC CGL exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Finance Commission Finance and Economics

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Finance Commission with ease. Join thousands of successful students who have benefited from our trusted online resources.

Education Revolution