Which among the following is a constitutional body as per the Indian Constitution? (1) Finance Commission (2) National Development Council (3) Planning Commission (4) None of the above

1 Answer

Answer :

(1) Finance Commission Explanation: Finance Commission is constituted to define financial relations between the Centre and the States. Under the provision of Article 280 of the constitution of India, the President appoints a Finance Commission for the specific purpose of devolution of non-plan revenue resources. YV Reddy is the chairman of the 14th Finance commission.

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