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With reference to the Finance Commission, consider the following statements:
The Finance Commission's recommendations are legally binding on the government.
The commission will send its findings to the union Finance Minister.
Which of the statements given above is/are incorrect?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
With reference to the Finance Commission, consider the following state...
Article 280 of India's Constitution provides for a Finance Commission as a quasi-judicial body. It is constituted by India's president every fifth year or at such earlier time as he considers necessary.
The commission submits its report to the president. He lays it before both the Houses of Parliament along with an explanatory memorandum as to the action taken on its recommendations.
The recommendations made by the Finance Commission are only advisory and hence, not binding on the government. It is up to the Union government to implement its recommendations on granting money to the states.
Most Upvoted Answer
With reference to the Finance Commission, consider the following state...
Article 280 of India's Constitution provides for a Finance Commission as a quasi-judicial body. It is constituted by India's president every fifth year or at such earlier time as he considers necessary.
The commission submits its report to the president. He lays it before both the Houses of Parliament along with an explanatory memorandum as to the action taken on its recommendations.
The recommendations made by the Finance Commission are only advisory and hence, not binding on the government. It is up to the Union government to implement its recommendations on granting money to the states.
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Community Answer
With reference to the Finance Commission, consider the following state...
Article 280 of India's Constitution provides for a Finance Commission as a quasi-judicial body. It is constituted by India's president every fifth year or at such earlier time as he considers necessary.
The commission submits its report to the president. He lays it before both the Houses of Parliament along with an explanatory memorandum as to the action taken on its recommendations.
The recommendations made by the Finance Commission are only advisory and hence, not binding on the government. It is up to the Union government to implement its recommendations on granting money to the states.
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With reference to the Finance Commission, consider the following statements: The Finance Commissions recommendations are legally binding on the government. The commission will send its findings to the union Finance Minister. Which of the statements given above is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?
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With reference to the Finance Commission, consider the following statements: The Finance Commissions recommendations are legally binding on the government. The commission will send its findings to the union Finance Minister. Which of the statements given above is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Finance Commission, consider the following statements: The Finance Commissions recommendations are legally binding on the government. The commission will send its findings to the union Finance Minister. Which of the statements given above is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Finance Commission, consider the following statements: The Finance Commissions recommendations are legally binding on the government. The commission will send its findings to the union Finance Minister. Which of the statements given above is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?.
With reference to the Finance Commission, consider the following statements: The Finance Commissions recommendations are legally binding on the government. The commission will send its findings to the union Finance Minister. Which of the statements given above is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Finance Commission, consider the following statements: The Finance Commissions recommendations are legally binding on the government. The commission will send its findings to the union Finance Minister. Which of the statements given above is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Finance Commission, consider the following statements: The Finance Commissions recommendations are legally binding on the government. The commission will send its findings to the union Finance Minister. Which of the statements given above is/are incorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?.
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