What is the correct answer?


The Finance Commission is premarily Concerned with recommending to the president about

A. The principle governing grants in aid to be given to the states

B. Distributing the net proceeds of the taxes between the centre and the states

C. Neither (A) Nor (B)

D. Both (A) and (B)

Correct Answer :

D. Both (A) and (B)

Finance Commission is a constitutional body and plays an important role in settling centre state financial relations.

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