Question

The provision for constitution of Finance Commission is in Article:

• A. 280
• B. 315
• C. 248
• D. 215

Hint:

Remember that Article 280 provides for the establishment of the Finance Commission, which advises on financial distribution between the Centre and States.

Answer 1

The Correct Option is A

The Finance Commission of India is established under Article 280 of the Indian Constitution. It is constituted by the President of India every five years to make recommendations on the distribution of tax revenues between the Union and the States, as well as among the states themselves. The commission plays a crucial role in fiscal federalism in India.