A1936
B1942
C1948
D1949
A1936
B1942
C1948
D1949
Related Questions:
Which of the following assertions about the State Finance Commission (SFC) is correct?
i. The SFC is established to supplement the resources of the Central Government based on recommendations from the Central Finance Commission.
ii. The commission consists of a chairman and four other members who may be appointed on a part-time basis.
iii. It has the power to requisition any public record from any office while performing its functions.
iv. The chairman of the first state finance commission of Kerala was Dr. K.N. Harilal.
Consider the following statements:
The function(s) of the State Finance Commission is/are
To recommend the sharing of net income of state-levied taxes between the Government and Panchayats.
To make recommendations to the President of India on financial matters concerning local bodies.
To exercise the powers of a civil court in enforcing the attendance of witnesses.
To ensure that the resources of the municipalities are supplemented on the basis of recommendations made by the Central Finance Commission.
Which of these statements is/are correct?
Which of the following statements is/are correct about the qualifications of members of the Central Finance Commission?
i. The chairman must have experience in public affairs.
ii. One member must be a judge of a High Court or qualified to be appointed as one.
iii. All members must have specialized knowledge of economics.