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Question

The Finance Commission is appointed every ____________ years or earlier.

A
3
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B
4
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C
5
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D
6
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Solution

The correct option is C 5

The President of India established the Finance Commission in the year 1951. It was established under Article 280 of the Indian Constitution. It defines the terms of eligibility, qualification, disqualification and the powers of the Finance Commission. According to the Constitution, the Finance Commission is appointed every five years. It comprises of a chairman and four other members.

Thus, the correct answer is C.


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