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.
Similar Questions
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Important Questions from Constitutional Bodies
Consider the following events :
1. Establishment of the Planning Commission
2. Formation of the National Development Council (NDC)
3. Approval of the First Five-Year Plan by the NDC
4. Constitution of the National Planning Committee
Which one of the following is the correct sequence of the above events?
- Who among the following is the Chairperson of the Goods and Services Tax Council?
Which one of the following statements about the Attorney General of India is not correct ?
Consider the following statements about Attorney-General in India:
1. She/he is the first law officer of the Government of India
2. She/he has a right to speak in any House of Parliament without any right to vote
3. She/he is appointed by the President of India
4. She/he is a whole-time counsel for the Government in the court of law
How many of the statements given above is/are correct?
Which of the following statements relating to the Comptroller and Auditor General (CAG) of India is/are correct?
1. The CAG can attend the sittings of the Committee on Public Accounts.
2. The CAG can attend the sittings of Lok Sabha and Rajya Sabha.
3. The jurisdiction of CAG is co-extensive with the powers of the Union Government.
Select the correct answer using the code given below:
