WBCS.LIVE practice question

Which Article of the Indian Constitution provides for the establishment of the Finance Commission?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Article 263
  2. Article 280
  3. Article 312
  4. Article 324

Correct answer and explanation

Correct answer: Article 280

Explanation: āœ… Correct Answer: B) Article 280 šŸ“š Explanation: Article 280 mandates the President of India to constitute a Finance Commission every five years or earlier. The commission's primary role is to recommend the distribution of tax revenues between the Union and the States. This ensures a balanced and transparent fiscal relationship within the Indian federal structure.