Indian Polity · Polity
What is the primary function of the Finance Commission of India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To control the monetary policy and inflation
- 2To allocate resources for Five-Year Plans
- 3To prepare the annual union budget of the country
- 4To determine the distribution of central taxes and principles governing grants-in-aid to states✓
Correct answer
To determine the distribution of central taxes and principles governing grants-in-aid to states
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