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Question : Which type of institution is the Finance Commission?

Option 1: Statutory Commission

Option 2: Constitutional institutional 

Option 3: Non Constitutional institution 

Option 4: No option is correct


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Constitutional institutional 


Solution : Correct Answer is - Constitutional institutional 

According to Article 280 of the Indian Constitution, the Finance Commission is a quasi-judicial body. The Finance Commission is established by the Indian President every five years, or earlier if he sees fit. The Finance Commission Act of 1951 established the Finance Commission in India. 

 

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