Indian Polity · Polity
What is the primary constitutional function of the Finance Commission of India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Supervising and regulating the commercial banking system
- 2Managing India's foreign exchange reserves and capital flows
- 3Making recommendations to the President on the distribution of net tax proceeds between the Union and the States✓
- 4Advising the President on the state's fiscal responsibility targets
Correct answer
Making recommendations to the President on the distribution of net tax proceeds between the Union and the States
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