Question : The Finance Commission is constituted by the President at the expiration of every ______ year.
Option 1: tenth
Option 2: seventh
Option 3: sixth
Option 4: fifth
Correct Answer: fifth
Solution : The correct option is the fifth
The Finance Commission in India is constituted by the President at the expiration of every five years, or earlier, as per necessity. The Finance Commission is a constitutional body that plays a crucial role in recommending the distribution of financial resources between the central government and the state governments.
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