Daily GS Foundation MCQs - SthaapnaStaapana - December 2018Sthaapana – December 2018 – Week 4
Sthapna – Static MCQs for GS – Finance Commission of India – Day 26
Sthapna - Static MCQs for GS - Subject - Day26
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Question 1 of 5
1. Question
Which of the following statement/s is / are correct regarding Finance Commission:
It is a Constitutional Body
The Constitution has clearly laid down the provisions for the qualifications of the members of the Finance Commission .
Which of the above is/are correct?Correct
Incorrect
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Question 2 of 5
2. Question
Fifteenth Finance Commission has been in news a lot. In this context which of the following statements regarding Finance Commission is/are correct:
It is a quasi judicial Constitutional body.
It is constituted by the President of India after every five years.
Which of the above is/are correct:Correct
Incorrect
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Question 3 of 5
3. Question
Which of the following is/are not correctly Matched?
Correct
Incorrect
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Question 4 of 5
4. Question
Which of the following statement/s regarding the Finance Commission is/are incorrect?
The recommendations of the Finance Commission can never be rejected by the Government.
Finance Commission has regained an important significance in terms of its role in Centre-state fiscal relations after the emergence of NITI Aayog.
Which of the above is/are correct?Correct
Incorrect
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Question 5 of 5
5. Question
Distribution of the net proceeds of the taxes to be shared between the center and the states is an important role of finance commission. In this context which of the following is/are correct?
Finance Commission recommends only for vertical distribution of the tax and not the horizontal.
Augmentation of the Consolidated fund of the States is an exclusive domain of the State Finance Commission.
Select the correct code:Correct
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