Question : Which of the following institutions is mandated by the Constitution to make recommendations to the President on the principles which should govern the grants in-aid of the revenues of the States out of the Consolidated Fund of India?

Option 1: Finance Commission

Option 2: Department of Expenditure

Option 3: Reserve Bank of India

Option 4: Law Commission

Question : Which one of the following formulates the fiscal policy in India?

Option 1: Planning Commission

Option 2: Finance Commission

Option 3: Reserve Bank of India

Option 4: Ministry of Finance

Question : Which one of the following appointments is not within the purview of the President of India?

Option 1: Chief Justice of India 

Option 2: Chairman of Finance Commission

Option 3: Chief of Army Staff

Option 4: Speaker of Lok Sabha

Question : The first Finance Commission of India was set up in the year:

Option 1: 1956

Option 2: 1965

Option 3: 1951

Option 4: 1948

Question : Women Transforming India (WTI) Awards have been hosted since 2018 under the aegis of ______ with a focus on entrepreneurship.

Option 1: Department of Science & Technology's Women Entrepreneurship Platform

Option 2: Finance Commission's Women Entrepreneurship Platform

Option 3: Department for Promotion of Industry and Internal Trade's Women Entrepreneurship Platform

Option 4: NITI Aayog's Women Entrepreneurship Platform