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Consider the following statements regarding Finance Commission of India. Finance Commission is set up under Article 280 of the Constitution. Union Finance Minister acts as the ex officio member of the commission. The commission addresses the imbalances that arise between the taxation powers and expenditure responsibilities of the centre and the states, respectively.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Finance Commission of India. Finance Commission is set up under Article 280 of the Constitution. Union Finance Minister acts as the ex officio member of the commission. The commission addresses the imbalances that arise between the taxation powers and expenditure responsibilities of the centre and the states, respectively.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Finance Commission of India. Finance Commission is set up under Article 280 of the Constitution. Union Finance Minister acts as the ex officio member of the commission. The commission addresses the imbalances that arise between the taxation powers and expenditure responsibilities of the centre and the states, respectively.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?.

Solutions for Consider the following statements regarding Finance Commission of India. Finance Commission is set up under Article 280 of the Constitution. Union Finance Minister acts as the ex officio member of the commission. The commission addresses the imbalances that arise between the taxation powers and expenditure responsibilities of the centre and the states, respectively.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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