Economics · Indian Economy
Under Article 280 of the Indian Constitution, what is the primary function of the Finance Commission?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To allocate loans and external assistance to state governments
- 2To supervise public expenditures of central government ministries
- 3To recommend the allocation of Central tax revenues between the Union and States✓
- 4To prepare and present the Annual Financial Statement
Correct answer
To recommend the allocation of Central tax revenues between the Union and States
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