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The finance commission of India is required to make recommendations to the _________.
Question

The finance commission of India is required to make recommendations to the _________.

A.

President of India

B.

Ministry of Finance

C.

Parliament

D.

Central Cabinet

Correct option is A

The correct answer is (a) President of India.

Finance Commission of India:
· Constitutional Body: Established under Article 280 of the Indian Constitution.
· Purpose: To define the financial relations between the central government and the state governments.
· Appointment: Appointed by the President of India every five years or at such earlier time as the President considers necessary.
· Members: The commission consists of a Chairman and four other members appointed by the President.
· Reports: The Finance Commission submits its report to the President of India, who then lays it before both Houses of Parliament.
· Recent Commissions: The 15th Finance Commission, chaired by N.K. Singh, was constituted in November 2017 and submitted its report for the period 2021-26.

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