1.

The " Finance Commission" is mentioned in which article of the Indian constitution?1. Article 2792. Article 2803. Article 2814. Article 282

Answer» Correct Answer - Option 2 : Article 280

The correct answer is Article 280.

  • The finance commission was formed on 22nd November 1951.
  • The objective of the finance commission is to maintain financial relations between the center and the states.
  • It's headquartered is in Delhi.
  • The first executive of the finance commission was Kshitish Chandra Neogy.
  • Till now, 15 finance commissions have been constituted.

 

  • The present finance commissioner of India is Nand Kishore Singh.
  • The commission consists of the chairman and four other members.
  • The qualification of the members include -
  1. He should be mentally sound.
  2. He should not hold any office of profit.


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