||Generally, in India Finance Commission is appointed every five years to –
||Determine the share of the States in the grants and revenues of the Central Government
||Under which Article is the formation of the Finance Commission laid down?
||Which authority recommends the principles governing the grants-in-aid of the revenues to the States out of the Consolidated Fund of India?
||Which institution will lay down the basic principles for the distribution of the net proceeds of the taxes between the Union and States?
||The main functions of the Finance Commission are –
To determine the part of States in central taxes and to determine the principles of financial aid given by the Centre to States
||Federal Finance Commission in India relates to –
||Finances between States and the Centre
||The main agency to resolve the fiscal disputes between the Centre and States is –
||The Provisions regarding the division of taxes between the Union and the States –
||Can be suspended during National Emergency
||Who was the Chairman of the Twelfth Finance Commission?
||Who was the Chairman of the 13th Finance Commission?
||Who was the Chairman of the 14th Finance Commission?
||Y. V. Reddy
||Who has been nominated as the chairman of the 15th Finance Commission?
||Who shall cause every recommendation made by the Finance Commission to be laid before each House of the Parliament?
||The President of India
||The Finance Commission is constituted for a period of –
||The State Finance Commission is a –
||After the commencement of the Constitution how many Finance Commissions have been constituted?
||The Finance Commission consists of a Chairman and –
||Four other members