Indian Polity and Governance
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Indian Polity and Governance questions with answers

7,826 multiple-choice questions. Open any question for its answer and explanation.

Questions asked in State PSC and UPSC prelims, by topic. Each topic also has notes to read.

Read the notes: The Finance Commission →

  1. In India the Finance Commission is constituted forAsked in UPPSC Upper Mains 2011
  2. The Finance Commission is appointed after every:Asked in APPSC Draughtman 2008
  3. Finance Commission is appointed for a term ofAsked in WBCS Main Paper 5 2021
  4. Under which Article of the Constitution of India is the Finance Commission appointed by President of India?Asked in WBCS Main Paper 5 2022
  5. All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to theAsked in ASSISTANT SECTION OFFICER 2019
  6. Finance Commission of India is appointed by the President under ArticleAsked in ASSISTANT SECTION OFFICER 2019
  7. In which Article of the Constitution of India, provision has been made for "Finance Commission" ?Asked in Civil Judge (Junior Division) Exam 2013
  8. The Finance Commission is constituted after everyAsked in Economic Investigator(EI) 2018
  9. Article 280 of the Constitution is related to which of the following ?Asked in Executive Officer and Tax & Revenue Inspector Exam 2023
  10. Which of the following Articles is related to the appointment of a Finance Commission by the President of India?Asked in RO ARO Mains 2021
  11. Which of the bodies recommends the distribution of the net proceeds of taxes to be shared between the Centre and the States, and allocation between the States, the respective shares of such proceeds?Asked in APPSC Group 1 Prelims 2023
  12. Which one of the following taxes is not included in the Central Pool to be shared with the States according to the recommendations of Finance Commission of India ?Asked in UPSC CDS 2 2024
  13. Which one of the following statements about the Finance Commissions, periodically established by the Government of India, is NOT true?Asked in UPSC Geoscientist 2020
  14. Consider the following statements: 1. Union Finance Commission tries to rectify the vertical and horizontal imbalances in resources and expenditure responsibilities between Union and States. 2. State Finance Commissions that supplement the resources of panchayats and municipalities are constituted along with Union Finance Commission. Which of the above statements is/are incorrect?Asked in GPSC Prelims CSP 2 2024
  15. Who recommends to the President the distribution between the Central and State Governments of the net proceeds of taxes collected by the centre ?Asked in KPSC KAS Prelims 2014
  16. The primary duty of the Finance Commission of India isAsked in UPPCS Prelims 2021
  17. The primary function of the Finance Commission in India is toAsked in UPPCS Prelims 2000
  18. Consider the following statements: The function (S) of the Finance Commission is/are to allow the withdrawal of money out of the Consolidated Fund of India. to allocate between the States the shares of proceeds of taxes. to consider applications for grants-in-aid from States. 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?Asked in UPPCS Prelims 2003
  19. The percentage of distribution of revenue from taxes between the Centre and the States is recommended by theAsked in APPSC Group II Prelims 2016
  20. The Finance Commissions of IndiaAsked in WBCS Main Paper 5 2023
  21. The role of the Finance Commission is toAsked in ARO GS 252022 74 2024
  22. Of Indian currency, the one rupee note bears the signature of the A) Secretary, Ministry of Finance, GoI B) Governor, RBI C) Finance Minister, GoI D) None of theseAsked in ASSISTANT AUDIT OFFICER 2017 18 2017
  23. Taxes raised are credited into :Asked in Civil Judge 2018
  24. Consider the following statements : 1. The GST Council is chaired by the Union Finance Minister and the Minister of State-in-charge of Finance at the centre is a member. 2. The GST Council will decide the tax rate, exempt goods and the threshold under the new taxation regime. 3. State Governments will have the option to levy VAT, if they so decide. Of these :Asked in RO ARO pre 2016
  25. Distribution of Taxes between Centre and States in India is done by the :Asked in RO ARO pre 2023