The Finance Commission is a constitutional body that is constituted every five years by the President of India. It is tasked with recommending the distribution of central taxes between the Union and the states, as well as the allocation of funds to the states. The current Finance Commission is the 15th, and it was constituted in 2020.
Here you are given Multiple Choice Questions (MCQs) on the Finance Commissionthe topic of General Knowledge. First of all, you have to read all the GK questions related to Finance Commission and click on one correct answer for each question. If your answer is correct, you will be displayed with a ✅ sign, but if your answer is wrong, a ❌ sign will be displayed, so that you can identify the correct answer you have given.
◉ Jitendra Rawat
❌ Incorrect
◉ N. D. Prasad
❌ Incorrect
◉ NK Singh
✅ Correct
◉ S. K Verma
❌ Incorrect
◉ 15th Finance Commission
✅ Correct
◉ 13th Finance Commission
❌ Incorrect
◉ 11th Finance Commission
❌ Incorrect
◉ 14th Finance Commission
❌ Incorrect
◉ K.C. Niyogi
✅ Correct
◉ Sukumar Sen
❌ Incorrect
◉ Vyomesh Chandra Banerjee
❌ Incorrect
◉ G V. Mavalankar
❌ Incorrect
◉ C. Rangarajan
✅ Correct
◉ a. M. Mukherjee
❌ Incorrect
◉ N. K.P. Salve
❌ Incorrect
◉ k. C. Pant
❌ Incorrect
◉ Permanent body
❌ Incorrect
◉ Trivial body
❌ Incorrect
◉ quinquennial body
✅ Correct
◉ Annual body
❌ Incorrect
◉ Chief Justice of India
❌ Incorrect
◉ Chief Greatist of India
❌ Incorrect
◉ prime minister of India
❌ Incorrect
◉ President
✅ Correct
◉ divide taxes and levies between the center and the states
✅ Correct
◉ Do and divide the collections between the Center and Gujarat
❌ Incorrect
◉ divide taxes and levies between the country and abroad
❌ Incorrect
◉ none of these
❌ Incorrect
◉ Constitutional union
❌ Incorrect
◉ Constitutional process
❌ Incorrect
◉ Constitutional protection
❌ Incorrect
◉ Constitutional body/institution
✅ Correct
◉ 0.34
❌ Incorrect
◉ 0.305
✅ Correct
◉ 0.33
❌ Incorrect
◉ 0.325
❌ Incorrect
◉ K. C. Pant
❌ Incorrect
◉ Y. V. Chavan
❌ Incorrect
◉ K. Santhanam
❌ Incorrect
◉ How. Niyogi
✅ Correct
◉ Article 280
✅ Correct
◉ Article 380
❌ Incorrect
◉ Article 180
❌ Incorrect
◉ Article 270
❌ Incorrect
◉ Urashtra of India
❌ Incorrect
◉ President of India
✅ Correct
◉ prime minister of India
❌ Incorrect
◉ Council of council
❌ Incorrect
◉ 5 year
✅ Correct
◉ 6 years
❌ Incorrect
◉ 1 year
❌ Incorrect
◉ 2 years
❌ Incorrect
◉ C. Rangarajan
❌ Incorrect
◉ AM Khusro
❌ Incorrect
◉ KC Pant
✅ Correct
◉ Arun Jaitley
❌ Incorrect
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List of Finance Commissions Chairman and Functions 🔗