In which Article does the Finance Commission of India find a mention?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e Article 280.
- Finance Commission of India is mentioned in Article 280 of the Indian Constitution.
- Article 280 provides for the establishment of a Finance Commission by the President of India to recommend the distribution of financial resources between the Union and the States.
- The Finance Commission's recommendations include the distribution of tax revenues, allocation of grants-in-aid, and other financial matters to ensure equitable distribution of resources.