Question

Discuss the composition of Finance Commission.

03 Apr 2023
Answer :
Word Count : 345

The Finance Commission is a constitutional body in India that is responsible for recommending the distribution of tax revenues between the central government and the state governments. The commission is constituted by the President of India every five years, or at such earlier intervals as he may deem necessary. The composition of the Finance Commission is as follows:

  1. Chairman: The Finance Commission is chaired by a person who is appointed by the President of India. The chairman is usually a person with experience in ____ ___ ___ ______ ________ ________ ______ _____.
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