Current Affairs · Committees and Commissions
Which of the following is not a standard core mandate or matter on which the 16th Finance Commission (constituted on December 31, 2023) was officially tasked to make recommendations under its Terms of Reference?
- 1Reviewing the current global funding and institutional arrangements for green financing under Climate Management initiatives.✓
- 2The measures needed to augment the Consolidated Fund of a State to supplement the resources of the Panchayats and Municipalities.
- 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 under Chapter I, Part XII of the Constitution.
Correct answer
Reviewing the current global funding and institutional arrangements for green financing under Climate Management initiatives.
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