Finance Commission Constitutional Basis
The Finance Commission is a constitutional body that plays a crucial role in India's fiscal federalism. Its primary function is to recommend the distribution of financial resources between the Union government and the state governments.
The establishment and functions of the Finance Commission are explicitly laid out in the Constitution of India.
- The Finance Commission is established under Article 280 of the Indian Constitution.
- This Article mandates the President of India to constitute the Finance Commission every five years.
Therefore, Article 280 is the specific constitutional provision that establishes the Finance Commission.
Similar Questions
Which of the following was a significant change introduced by the Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act, 2023?
Consider the following statements:
1. Inter-State Council was established in 1990 on the recommendation of Sarkaria Commission.
2. It is a constitutional body under Article 263.
3. It has powers to enforce compliance among States.
Which of the above is/are correct?
Important Questions from Constitutional Bodies & Bills
Which of the following was a significant change introduced by the Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act, 2023?
Consider the following statements with reference to National Commission for Scheduled Tribes (NCST):
1. Recently, NCST has asked Telangana, Maharashtra, Andhra Pradesh, and Odisha to gather data on tribals displaced from Chhattisgarh due to Maoist violence.
2. It was established under Article 338A of the Constitution which was inserted through 89th Amendment Act, 2003.
Which of the above statements is/are correct?
The Pharmacy (Amendment) Bill, 2023 was introduced in Lok Sabha on 3 August 2023, which amends the ____________.
What is the requirement of other members of the finance commission fixed under the Article 280 of the Constitution of India apart from its chairman?
Who determines the term of office, salary and allowances, conditions of service of the chairman and other members of the Finance Commission of India from time to time?
