Question

The Finance Commission is appointed for every

• A. Three years
• B. Four years
• C. Five years
• D. Ten years

Hint:

The Finance Commission plays a crucial role in ensuring balanced fiscal federalism in India by recommending resource allocation.

Answer 1

The Correct Option is C

The Finance Commission is appointed every five years under Article 280 of the Indian Constitution. It makes recommendations regarding the distribution of financial resources between the central and state governments.