Finance Commissions (Central and States)

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81. The Finance Commission’s recommendations are based on the principle of:
a) Fiscal discipline
b) Cooperative federalism
c) Economic stability
d) All of the above

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82. The Finance Commission’s recommendations are aimed at promoting:
a) Fiscal prudence
b) Cooperative federalism
c) Economic growth
d) All of the above

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83. Which Finance Commission recommended the formation of the National Investment Fund (NIF)?
a) Tenth Finance Commission
b) Eleventh Finance Commission
c) Twelfth Finance Commission
d) Thirteenth Finance Commission

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84. The Finance Commission’s recommendations are primarily concerned with the vertical distribution of resources between:
a) The Centre and the states
b) The states and the Union territories
c) The Union territories and the Centre
d) All of the above

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85. The Finance Commission’s recommendations are submitted to:
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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