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What is the purpose of the Finance Commission in India?
  • a)
    To allocate funds for developmental projects in specific regions
  • b)
    To recommend measures for the distribution of financial resources between the central and state governments
  • c)
    To oversee foreign affairs and defense matters
  • d)
    To amend the Constitution of India
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is the purpose of the Finance Commission in India?a)To allocate f...
The Finance Commission in India is responsible for recommending measures related to the distribution of financial resources between the central and state governments. It plays a crucial role in fiscal federalism.
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What is the purpose of the Finance Commission in India?a)To allocate funds for developmental projects in specific regionsb)To recommend measures for the distribution of financial resources between the central and state governmentsc)To oversee foreign affairs and defense mattersd)To amend the Constitution of IndiaCorrect answer is option 'B'. Can you explain this answer?
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