Finance Commissions (Central and States)

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71. The Finance Commission’s recommendations are primarily concerned with the distribution of:
a) Tax revenues
b) Central assistance to states
c) Grants-in-aid
d) All of the above

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72. The Finance Commission consists of a Chairman and how many other members?
a) 2 members
b) 3 members
c) 4 members
d) 5 members

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73. The Chairman of the Finance Commission is appointed by:
a) The President of India
b) The Prime Minister of India
c) The Speaker of the Lok Sabha
d) The Chief Justice of India

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74. The recommendations of the Finance Commission are binding on:
a) The President of India
b) The Prime Minister of India
c) The Parliament of India
d) The Supreme Court of India

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75. Which Finance Commission recommended the formation of the Goods and Services Tax (GST) Council?
a) Twelfth Finance Commission
b) Thirteenth Finance Commission
c) Fourteenth Finance Commission
d) Fifteenth Finance Commission

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