Question : Which authority recommends the principles governing the grants in -aid of revenues of  the states out of the consolidated fund of india?

Option 1: public accounts committee

Option 2: union ministry of finance

Option 3: Finance Commission 

Option 4: inter-state council

Question : As per Article 324 of the Constitution, which of the following institutions conducts the election of the Vice President of India?

Option 1: Office of the President of India

Option 2: Secretariat, Lok Sabha

Option 3: Election Commission of India

Option 4: Secretariat, Rajya Sabha

Question : The emoluments and allowances of the President and other expenditures relating to his office are charged on the ____________of India.

Option 1: contingency fund

Option 2: estimates fund

Option 3: consolidated fund

Option 4: public accounts fund

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 of the following was established on the recommendation of the Hilton Young Commission?

Option 1: The Securities and Exchange Board of India (SEBI)

Option 2: The Reserve Bank of India

Option 3: State Bank of India

Option 4: National Bank for Agriculture and Rural Development