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MCQ Finance Commissions [Central & States] SET 1

ALL MCQ For Finance Commissions [Central & States]

1. Which among the following is the constitutional body appointed by the president, every five years to review centre state financial relationships?

Question 1 of 15

2. Who among the following determines the qualifications which shall be requisite for appointment as members of the Finance Commission in India?

Question 2 of 15

3. The provision for having a Finance Commission to sort out the revenue-sharing arrangement between states and the Centre is part of the Constitution under which among the following articles?

Question 3 of 15

4. Who is the chairman of 14th Finance Commission?

Question 4 of 15

5. As per 15th Finance Commission recommendations, the Central Government has agreed to give how much of tax divisible pool to states ?

Question 5 of 15

6. Finance Commission is related to which of the following article of the Constitution?

Question 6 of 15

7. Finance Commission is appointed after every__________ years.

Question 7 of 15

8. The 15th Finance Commission has suggested shifting which of the following State subjects to the Concurrent List of the 7th Schedule?

Question 8 of 15

9. Which of the following is NOT an example of the indirect form of taxation?

Question 9 of 15

10. Article 280 of the Indian Constitution lays down the establishment of the

Question 10 of 15

11. The State Finance Commission is a

Question 11 of 15

12. The first Finance Commission of India was set up in the year:

Question 12 of 15

13. Who presented the first Union Budget of Independent India?

Question 13 of 15

14. The Volume III of the 15th Finance Commission Report addresses issues related to:

Question 14 of 15

15. Who is the Chairman of the 15th Finance Commission?

Question 15 of 15

Quiz

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