Indian Polity · Polity
Consider the following statements regarding the Finance Commission in India: 1. The Constitution authorizes Parliament to determine the qualifications of the members of the Finance Commission. 2. Article 280 of the Indian Constitution contains provisions for the Central Finance Commission, while State Finance Commissions are constituted under Articles 243-I and 243-Y. 3. A total of 16 Finance Commissions have been appointed in India up to 2026. 4. Under the 15th Finance Commission led by N.K. Singh, the maximum weightage among criteria for tax devolution was given to the population factor. How many of the statements above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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Only two
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