31. 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
32. The Finance Commission’s recommendations are aimed at ensuring:
a) Adequate resources for the states
b) Efficient utilization of resources
c) Equity in resource allocation
d) All of the above
33. Which Finance Commission recommended the sharing of Union taxes with the states in a horizontal formula?
a) Eleventh Finance Commission
b) Twelfth Finance Commission
c) Thirteenth Finance Commission
d) Fifteenth Finance Commission
34. The current Chairman of the Fifteenth Finance Commission is:
a) N. K. Singh
b) Y. V. Reddy
c) Raghuram Rajan
d) Shaktikanta Das
35. The term of the Fifteenth Finance Commission is from:
a) 2017 to 2022
b) 2018 to 2023
c) 2019 to 2024
d) 2020 to 2025
