Indian Polity · Constitutional Articles
What is the structure and main function of the Finance Commission as per the Constitution?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1It consists of a Chairman and three members, recommending the annual budget.
- 2It consists of a Chairman and two members, regulating state borrowing.
- 3It consists of a Chairman and five other members, appointed by the Prime Minister.
- 4It consists of a Chairman and four other members, recommending the distribution of taxes between the Centre and States.✓
Correct answer
It consists of a Chairman and four other members, recommending the distribution of taxes between the Centre and States.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Indian Polity?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Constitutional Articles MCQs →Want more practice questions on Constitutional Articles?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Indian Polity · Constitutional Articles