UPSC 2000 › Indian Polity › Public Finance & Finance Commission

1 question · 2000 · answers as per the UPSC key

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The primary function of the Finance Commission in India is to

(a) distribute revenue between the Centre and the States
(b) prepare the Annual Budget
(c) advise the President on financial matters
(d) allocate funds to various ministries of the Union and State Governments
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Answer: (a) distribute revenue between the Centre and the States