36. Which Finance Commission recommended the establishment of the National Disaster Response Fund (NDRF) and the National Disaster Mitigation Fund (NDMF)?
a) Twelfth Finance Commission
b) Thirteenth Finance Commission
c) Fourteenth Finance Commission
d) Fifteenth Finance Commission
37. The Finance Commission’s recommendations are based on the principle of:
a) Equality
b) Equity
c) Efficiency
d) Effectiveness
38. The Finance Commission’s recommendations are primarily aimed at:
a) Promoting economic growth
b) Reducing income inequality
c) Strengthening federalism
d) All of the above
39. 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
40. The Finance Commission consists of a Chairman and how many other members?
a) 2 members
b) 3 members
c) 4 members
d) 5 members
