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Question

Select the correct statement with respect to the Finance Commission of India.

The correct answer is

It is constituted by the President of India.

The Finance Commission of India is constituted by the President of India under Article 280 of the Constitution.

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Important Questions from Miscellaneous - Economics

  1. Which of the following measures helped India integrate with the global economy in 1991?

  2. Co-operative societies are primarily accountable to which of the following?
  3. Privatisation was a key pillar of the New Economic Policy of 1991. Which of the following is NOT a form of privatisation?
  4. Disinvestment was adopted as a tool for privatisation in India. Which of the following options best defines disinvestment?
  5. The concept of a mixed economy was central to India's early planning strategies. In the context of India's Five-Year Plans, what does the term 'mixed economy' refer to?

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