Single correct option
Consider the statements about the Finance Commission:
1. It is constituted under Article 280 of the Constitution.
2. It is constituted every ten years.
Which of the statements is/are correct?
1. It is constituted under Article 280 of the Constitution.
2. It is constituted every ten years.
Which of the statements is/are correct?
- A. 1 only
- B. 2 only
- C. Both 1 and 2
- D. Neither 1 nor 2
Show answer and solution
Answer: (A) 1 only
Article 280 provides for the Finance Commission, which recommends how tax proceeds are shared between the Union and the States. It is constituted every five years, not ten, so statement 2 is wrong.
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