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Which Article of the Indian Constitution provides for the establishment of the Finance Commission?
Article 280
Article 243
Article 324
Article 148
Article 280
Article 280 of the Indian Constitution provides for the establishment of a Finance Commission by the President every five years or earlier. It is a constitutional body responsible for making recommendations on the distribution of financial resources between the Union and the States.
Article 280 of the Indian Constitution provides for the establishment of a Finance Commission by the President every five years or earlier. It is a constitutional body responsible for making recommendations on the distribution of financial resources between the Union and the States.
Part XII of the Indian Constitution, Finance Commission (Articles 264-300A).
Constituted by the President of India under Article 280.
Comprises a Chairman and four other members appointed by the President.
Mainly deals with the vertical and horizontal devolution of tax revenues between the Centre and States.
Option B (Article 243) pertains to provisions related to Panchayats.
Option C (Article 324) provides for the establishment of the Election Commission of India.
Option D (Article 148) provides for the Comptroller and Auditor General of India (CAG).
A is correct тАФ Article 280 mandates the constitution of the Finance Commission.
Questions frequently test Article 280 alongside other constitutional bodies like Article 324 (Election Commission) and Article 148 (CAG).