WBCS.LIVE practice question

Which part of the Indian Constitution deals with Centre State Relation related to Finance?

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

Answer options

  1. Part-XI
  2. Part-XII
  3. Part-XIII
  4. Part-XIV

Correct answer and explanation

Correct answer: Part-XII

Explanation: āœ… Correct Answer: B) Part-XII šŸ“š Explanation: Part XII of the Indian Constitution, which covers Articles 264 to 300, specifically deals with financial matters, property, contracts, and the complex center-state financial relations. It outlines the distribution of revenue and borrowing powers. This part includes important provisions like the establishment of the Consolidated Fund and the Finance Commission. Understanding this structure is essential for studying the economic dynamics of Indian federalism.