Economics · Public Finance
Which of the following functions does NOT come under the constitutional ambit of the Finance Commission of India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Any other matter referred to the Commission by the President in the interests of sound finance
- 2The allocation and distribution of plan revenue resources among ministries✓
- 3The principles which should govern the grants-in-aid of the revenues of the States out of the Consolidated Fund of India
- 4The distribution between the Union and the States of the net proceeds of taxes
Correct answer
The allocation and distribution of plan revenue resources among ministries
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