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Question
How many finance commissions have been constituted till now?
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Solution
The correct option is A 15
15 Finance Commissions. Article 280 of our Indian Constitution, tells that there should be Finance Commission. Finance commission is basically a Constitutional Body. Its basic objective is to look upon finance issues, that is the distribution of taxes between the Union and the States.
15 Finance Commissions.
Article 280 of our Indian Constitution, tells that there should be Finance Commission. Finance commission is basically a Constitutional Body. Its basic objective is to look upon finance issues, that is the distribution of taxes between the Union and the States.
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