100 Best Finance Commission MCQs
Top 100 MCQs on Finance Commission
Q1). Finance Commission is constituted under which Article of Constitution of India ?
a).280
b).324
c).325
d).343
Correct Answer:
280
Explaination:
Q2). The First Finance Commission was constituted in
a).1950
b).1951
c).1952
d).1954
Correct Answer:
1951
Explaination:
Q3). How often the Finance Commission is constituted in India ?
a).Only once
b).Once every year
c).After every five years
d).After every ten years
Correct Answer:
After every five years
Explaination:
Q4). Who is the chairman of 14th Finance Commission ?
a).Y.V. Reddy
b).A.M. Khusro
c).K.B. Reddy
d).V.L. Kelkar
Correct Answer:
Y.V. Reddy
Explaination:
Q5). The Finance Commission is constituted under which Article of the Constitution of India ?
a).275
b).280
c).282
d).None of these
Correct Answer:
280
Explaination:
Q6). Finance Commission is constituted under which article of the Indian Constitution ?
a).Article 280
b).Article 324
c).Article 61
d).Article 370
Correct Answer:
Article 280
Explaination:
Q7). The President of India by order constitutes a Finance Commission every
a).Third year
b).Fifth year
c).Seventh year
d).Fifth year or earlier as necessary
Correct Answer:
Fifth year
Explaination:
Q8). Who appoints the members of Finance Commission?
a).President
b).Prime Minister
c).Parliament
d).Chief Justice of India
Correct Answer:
President
Explaination: