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Consider the following statements: The function(s) of the Finance commission is / are: 1. to allow the withdrawal of the money out of the Consolidated Fund of India 2. to allocate between the State the shares of proceeds of taxes 3. to consider applications for grants-in-aid from States 4. to supervise and report on whether the Union and State government are levying taxes in accordance with the budgetary provisions Which of these statements is / are correct?
Correct Answer: (b)
Official keyThis question appeared in the MNPSC Prelims 2014 examination (GS). It is Question 15 out of 200 questions in this paper.
This question was part of the MNPSC Prelims 2014 (GS). The MNPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all MNPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.