Aകെ. എം. പണിക്കർ
Bപോറ്റി ശ്രീരാമലു
Cഅംബേദ്കർ
Dഎസ്.എൻ ഭട്നാഗർ
Aകെ. എം. പണിക്കർ
Bപോറ്റി ശ്രീരാമലു
Cഅംബേദ്കർ
Dഎസ്.എൻ ഭട്നാഗർ
Related Questions:
Which of the following statements is/are correct about the functions of the Central Finance Commission?
i. It recommends the distribution of net proceeds of taxes between the Centre and the states.
ii. It supervises the tax collection mechanisms of the Union and State Governments.
iii. It suggests measures to augment the Consolidated Fund of a State to support panchayats and municipalities.
Regarding the composition and qualifications of the Central Finance Commission, which of the following statements is accurate?
i. The Constitution itself specifies that the chairman must be a former judge of the Supreme Court.
ii. Parliament is authorized to determine the qualifications, and it has specified that one of the four members must have specialized knowledge of economics.
iii. Members of the commission hold office for a fixed term of five years and are not eligible for reappointment.
iv. The commission is composed of a chairman and five other members, all selected by a collegium and appointed by the President.