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