Loading...
13 questions from UPSC CSE Prelims GS Paper 1 on Public Finance & Finance Commission (Indian Polity). Spanning from 1995 to 2024. Practice with show/hide answers and detailed explanations.
13
Questions
10
Years
8
Easy
5
Moderate
Q: केंद्रिय बजट (यूनियन बजट) के संदर्भ में, निम्नलिखित कथनों पर विचार कीजिए : 1. प्रधान मंत्री की ओर से केंद्रिय वित्त मंत्री संसद के दोनों सदनों के समक्ष वार्षिक वित्तीय विवरण रखते हैं। 2. केंद्रिय (यूनियन) स्तर पर, भारत के राष्ट्रपति की अनुमति के बिना अनुदानों की माँग नहीं की जा सकती। उपर्युक्त कथनों में से कौन-सा सही है/हैं ?
Q: With reference to the funds under Members of Parliament Local Area Development Scheme (MPLADS), which of the following statements are correct? 1. MPLADS funds must be used to create durable assets like physical infrastructure for health, education, etc. 2. A specified portion of each MP's fund must benefit SC/ST populations. 3. MPLADS funds are sanctioned on yearly basis and the unused funds cannot be carried forward to the next year. 4. The district authority must inspect at least 10% of all works under implementation every year. Select the correct answer using the code given below:
Q: With reference to the Union Government, consider the following statements: 1. The Department of Revenue is responsible for the preparation of Union Budget that is presented to the Parliament. 2. No amount can be withdrawn from the Consolidated Fund of India without the authorization from the Parliament of India. 3. All the disbursements made from Public Account also need the authorization from the Parliament of India. Which of the statements given above is/are correct?
Q: The authorization for the withdrawal of funds from the Consolidated Fund of India must come from
Q: All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the
Q: With reference to the Finance Commission of India, which of the following statements is correct?
Q: Who of the following shall cause every recommendation made by the Finance Commission to be laid before each House of Parliament?
Q: Consider the following statements: In India, stamp duties on financial transactions are 1. levied and collected by the State Government 2. appropriated by the Union Government. Which of these statements is/are correct?
Q: Consider the following statements: The function(s) of the Finance Commission is/are 1. to allow the withdrawal of money out of the Consolidated Fund of India. 2. to allocate between the States 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 governments are levying taxes in accordance with the budgetary provisions. Which of these statements is/are correct?
Q: Which one of the following authorities recommends the principles governing grants-in-aid of the revenues to the states out of the Consolidated Fund of India?
Q: The primary function of the Finance Commission in India is to
Q: Which one of the following statements regarding the levying, collecting and distribution of Income Tax is correct?
Q: Agricultural income tax is assigned to the State Governments by
Under Article 280, it consists of a Chairman and four other members appointed by the President; UPSC has previously asked both number and appointing authority.
Yes. Survey chapters on fiscal developments supply figures and reforms that UPSC merges with constitutional provisions—e.g., GST revenue trends vis-à-vis Article 270 devolution.
