Recommendations to the President of India on the specific Union state fiscal relation are made by the- (1) Finance Minister (2) Reserve Bank of India (3) Planning Commission (4) Finance Commission

Recommendations to the President of India on the specific Union state fiscal relation are made by the- (1) Finance Minister (2) Reserve Bank of India (3) Planning Commission (4) Finance Commission
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(4) Finance Commission Explanation: The finance commission made recommendations to the president of India on the specific union state fiscal relation.
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With reference to India polity, which one of the following statements is correct? (1) Planning commission is accountable to parliament. (2) President can make ordinance only when either of the two houses of parliament is not in session. (3) The minimum age prescribed for appointment as a judge of the Supreme Court is 40 years. (4) NDC is constituted of Union Finance Minister and the Chief Ministers of all the states.

Description : With reference to India polity, which one of the following statements is correct? (1) Planning commission is accountable to parliament. (2) President can make ordinance only when either of the two houses ... (4) NDC is constituted of Union Finance Minister and the Chief Ministers of all the states.

Last Answer : (2) President can make ordinance only when either of the two houses of parliament is not in session. Explanation: President can promulgate ordinances when the parliament is not in session. ... take immediate action, he may promulgate such Ordinance as the circumstances appear to him to require.

Financial distribution between the Union and the State takes place on the basis of the recommendations of which one of the following? (1) The National Development Council (2) The Inter-State Council (3) The Planning Commission (4) The Finance Commission

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Resources transferred from the Government of India to States are termed `statutory' if they are made (1) in the form of loans (2) on the recommendations of the Planning Commission (3) on the recommendations of the Finance Commission (4) in the form of grants

Description : Resources transferred from the Government of India to States are termed `statutory' if they are made (1) in the form of loans (2) on the recommendations of the Planning Commission (3) on the recommendations of the Finance Commission (4) in the form of grants

Last Answer : (3) on the recommendations of the Finance Commission Explanation: in an explicit recognition of vertical and horizontal imbalances, the Indian Constitution embodies enabling and mandatory provisions to ... have to bring about uniform income and services and economic integration among the states.

Sarkaria Commission was set up to review - (1) the relation between the President and the Prime Minister (2) the relation between the legislative and the executive (3) the relations between the executive and the judiciary (4) the relations between the Union and the State.

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Last Answer : (4) the relations between the Union and the State. Explanation: Sarkaria Commission was set up to review the relations between the Union and the States. Sarkaria Commission was set up in June 1983 by the central government of India.

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The deciding authority of States share in central taxes is the – (1) Finance Commission (2) Planning Commission (3) Election Commission (4) Finance Minister

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Which one of the following is not a Constitutional Body? (1) Election Commission (2) Finance Commission (3) Union Public Service Commission (4) Planning Commission

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Which of the following is not a Constitutional Body? (1) Election Commission (2) Finance Commission (3) Union Public Service Commission (4) Planning Commission

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Description : Who presides over the National Development Council of India? (A) Chairman of the Planning Commission of India. (B) Prime Minister of India. (C) Finance Minister of India. (D) Vice-President of India.

Last Answer : (B) Prime Minister of India.

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Description : Who is Ex-officio Chairman of Planning Commission and National Development Council of India? (A) Prime Minister (B) President (C) Finance Minister (D) Vice-President

Last Answer : (A) Prime Minister

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Description : Who presides over the National Development Council of India? (A) Chairman of the Planning Commission of India. (B) Prime Minister of India. (C) Finance Minister of India. (D) Vice-President of India.

Last Answer : (B) Prime Minister of India.

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The annual report of the UPSC is submitted to – (1) The President (2) The Supreme Court (3) The Prime Minister (4) The Chairman of the Union Public Service Commission

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One-rupee currency note in India bears the signature of (A) The President of India (B) Finance Minister of India (C) Governor, Reserve Bank of India (D) Finance Secretary of Government of India

Description : One-rupee currency note in India bears the signature of (A) The President of India (B) Finance Minister of India (C) Governor, Reserve Bank of India (D) Finance Secretary of Government of India

Last Answer : (D) Finance Secretary of Government of India

Which one of the following authorities recommends the principles governing the grants-in-aid of the revenues to the states out of the consolidated fund of India? (1) Finance Commission (2) Inter-State-Council (3) Union Ministry of Finance (4) Public Accounts Committee

Description : Which one of the following authorities recommends the principles governing the grants-in-aid of the revenues to the states out of the consolidated fund of India? (1) Finance Commission (2) Inter-State-Council (3) Union Ministry of Finance (4) Public Accounts Committee

Last Answer : (1) Finance Commission Explanation: Finance commission recommends the president on the principle that should govern the grants-in-aid to the states by the centre.

Which authority recommends the principles gov erring the grantsin-aid of the revenues of the States out of the Consolidated Fund of India? (1) Public Accounts Committee (2) Union Ministry of Finance (3) Finance Commission (4) Inter-State Council

Description : Which authority recommends the principles gov erring the grantsin-aid of the revenues of the States out of the Consolidated Fund of India? (1) Public Accounts Committee (2) Union Ministry of Finance (3) Finance Commission (4) Inter-State Council

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Last Answer : (3) Former Representative of India in International Monetary Fund Explanation: Dr. Manmohan Singh Rajya Sabha MP and was former finance minister, former governor of RBI.

Which among the following functions as a coordinate between the Planning Commission and State Governments? (1) National Integration Council (2) Finance Commission (3) National Development Council (4) None of the above

Description : Which among the following functions as a coordinate between the Planning Commission and State Governments? (1) National Integration Council (2) Finance Commission (3) National Development Council (4) None of the above

Last Answer : (3) National Development Council Explanation: National Development Council co-ordinates between Union government, the PlanningCommission and the State governments.

Which one of the following Commissions is not provided in the Constitution of India? (1) Planning Commission (2) UPSC (3) Finance Commission (4) Election Commission

Description : Which one of the following Commissions is not provided in the Constitution of India? (1) Planning Commission (2) UPSC (3) Finance Commission (4) Election Commission

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Which of the following is an extraconstitutional agency? (1) Union Public Service Commission (2) Finance Commission (3) Election Commission (4) NITI Ayog

Description : Which of the following is an extraconstitutional agency? (1) Union Public Service Commission (2) Finance Commission (3) Election Commission (4) NITI Ayog

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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

Description : 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

Last 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 ... of non-plan revenue resources. YV Reddy is the chairman of the 14th Finance commission.

The authority which is not established by the constitutional provisions is– (1) Finance Commission (2) Planning Commission (3) UPSC (4) Election Commission

Description : The authority which is not established by the constitutional provisions is– (1) Finance Commission (2) Planning Commission (3) UPSC (4) Election Commission

Last Answer : (2) Planning Commission Explanation: The Planning Commission does not derive its creation from either the Constitution or statute, but is an arm of the Central/Union Government.

Which of the following is not provided in the constitution? (1) Election Commission (2) Finance Commission (3) Public Service Commission (4) Planning Commission

Description : Which of the following is not provided in the constitution? (1) Election Commission (2) Finance Commission (3) Public Service Commission (4) Planning Commission

Last Answer : (4) Planning Commission Explanation: The Planning Commission was an extra constitutional body that was not defined in Constitution of India. It was established in March 1950 by an executive resolution of ... of the Advisory Planning Board constituted in 1946, under the chairman of K C Neogi.

Which is an extra-Constitutional body? (1) Language Commission (2) Planning Commission (3) Election Commission (4) Finance Commission

Description : Which is an extra-Constitutional body? (1) Language Commission (2) Planning Commission (3) Election Commission (4) Finance Commission

Last Answer : (2) Planning Commission Explanation: An extra-const it utional agency or department is not specifically provided for by the Constitution, but one that nevertheless exists and has been held to be ... creation from either the Constitution or statute, but is an arm of the Central/Union Government.

The recommendations of Sarkaria Commission relate to which of the following? (1) Distribution of revenue (2) Power and functions of the President (3) Membership of Parliament (4) Centre-State relations

Description : The recommendations of Sarkaria Commission relate to which of the following? (1) Distribution of revenue (2) Power and functions of the President (3) Membership of Parliament (4) Centre-State relations

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Who among the following is the de facto executive head of the Planning Commission? (1) Chairman (2) Deputy Chairman (3) Minister of State for Planning (4) Member Secretary

Description : Who among the following is the de facto executive head of the Planning Commission? (1) Chairman (2) Deputy Chairman (3) Minister of State for Planning (4) Member Secretary

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Which one of the following appointments is not within the purview of the President of India? (1) Chief Justrice of India (2) Chairman, Finance Commission (3) Chief of Army Staff (4) Speaker of Lok Sabha

Description : Which one of the following appointments is not within the purview of the President of India? (1) Chief Justrice of India (2) Chairman, Finance Commission (3) Chief of Army Staff (4) Speaker of Lok Sabha

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Finance Commission is appointed by the President of India after every – (1) 5 years (2) 6 years (3) 4 years (4) None of these

Description : Finance Commission is appointed by the President of India after every – (1) 5 years (2) 6 years (3) 4 years (4) None of these

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Who is the signatory on the Indian currency notes in denomination of two rupees and above? (1) Secretary, Reserve Bank of India (2) Finance Secretary, Minister of Finance (3) Governor, Reserve Bank of India (4) Finance Minister, Ministry of Finance

Description : Who is the signatory on the Indian currency notes in denomination of two rupees and above? (1) Secretary, Reserve Bank of India (2) Finance Secretary, Minister of Finance (3) Governor, Reserve Bank of India (4) Finance Minister, Ministry of Finance

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The Planning Commission has been abolished by the Prime Minister - (1) Narendra Modi (2) Morarji Desai (3) Atal Bihari Vajpayee (4) I. K. Gujral

Description : The Planning Commission has been abolished by the Prime Minister - (1) Narendra Modi (2) Morarji Desai (3) Atal Bihari Vajpayee (4) I. K. Gujral

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The Annual Financial Statement of the Government of India in respect of each financial year shall be presented to the House on such day as the - (1) Speaker may direct (2) President of India may direct (3) Parliament may decide (4) Finance Minister may decide

Description : The Annual Financial Statement of the Government of India in respect of each financial year shall be presented to the House on such day as the - (1) Speaker may direct (2) President of India may direct (3) Parliament may decide (4) Finance Minister may decide

Last Answer : (2) President of India may direct Explanation: According to article 112, the President shall in respect of every financial year cause to be laid before both the Houses of Parliament a statement of ... the Government of India for that year, in this Part referred to as the annual financial statement.

Who certifies a Bill to be a Money Bill in India – (1) Finance Minister (2) President (3) Speaker of the Lok Sabha (4) Prime Minister

Description : Who certifies a Bill to be a Money Bill in India – (1) Finance Minister (2) President (3) Speaker of the Lok Sabha (4) Prime Minister

Last Answer : (3) Speaker of the Lok Sabha Explanation: The Speaker of the Lok Sabha conducts the business in the house. He/she decides whether a bill is a money bill or a non money bill.

The National Integration Council (NIC) is chaired by the – (1) Prime Minister (2) Finance Minister (3) Home Minister (4) President of India

Description : The National Integration Council (NIC) is chaired by the – (1) Prime Minister (2) Finance Minister (3) Home Minister (4) President of India

Last Answer : (1) Prime Minister Explanation: The National Integration Council (NIC) is a group of senior politicians and public figures in India that looks for ways to address the problems of communalism, casteism and ... Nehru of India in September-October of 1961. It is chaired by the Prime Minister of India.