Finance commission in India are set up from Time to time:

Subjects
General Awareness
Indian Polity and Constitution
Finance co...

Q. Finance commission in India are set up from Time to time:

To lay down financial policies of Union govt.

To evolve a satisfactory tax-structure for economic development of the country

To promote foreign trade

For transfer of economic resources from center to states

Solution:

The First Finance Commission was established by the President of India in 1951 under Article 280 of the Indian Constitution. It was formed to define the financial relations between the central government of India and the individual state governments.

Get Question Bank

Strengthen Your Practice with our comprehensive question bank.

Q. Finance commission in India are set up from Time to time:

Solution:

Get Question Bank

Other Subjects

Modules

Get Expert Advice for Free: Register for Your Free Consultation Now!

Q. Finance commission in India are set up from Time to time:

Solution:

Related Questions

Q. Who said this famous qoute that “Constitution is not a mere lawyers document , it is a vehicle of Life, and its spirit is always the spirit of Age”?

Q. Which writ is issued against a person who claims or usurps a public office?

Q. What is known as Citizen’s Ombudsman bill?

Get Question Bank

Other Subjects

Modules

Get Expert Advice for Free: Register for Your Free Consultation Now!