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Question

Which article deals with the formation of Finance Commission?

This question was previously asked in
RRB NTPC 2019 CBT 1 Question Paper (8-Mar-2021) (Shift 2)
The correct answer is
Article 280

Finance Commission Article Formation

The Constitution of India outlines the structure and functions of various governmental bodies.

The Finance Commission is a constitutionally mandated body.

Governing Article

Article 280 of the Constitution of India specifically addresses the formation of the Finance Commission.

It stipulates that the President shall, within two years from the commencement of the Constitution and thereafter at the expiration of every fifth year, constitute a Finance Commission.

This commission plays a vital role in advising the President on the distribution of finances between the Union and the States.

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