A1950
B1965
C1956
D2001
A1950
B1965
C1956
D2001
Related Questions:
Consider the following statements about the Finance Commission of India:
It is a constitutional body established under Article 280.
Its recommendations are binding on the Union government.
The chairman must have experience in public affairs.
Which of these statements is/are correct?
Which of the following accurately describes the role of the President of India in relation to the Central Finance Commission?
i. The President constitutes the commission and specifies the period for which the members will hold office.
ii. The President refers matters to the commission in the interests of sound finance.
iii. The President can turn down the recommendations of the commission if there are compelling reasons.
iv. The President submits the commission's report before both Houses of Parliament along with an explanatory memorandum.