Topic Details (Notes format)

Finance Commission of India

Subject: Polity

Book: Indian Polity by M. Laxmikanth

A constitutional body established under Article 280 every five years to recommend distribution of tax revenues between the Union and states. It examines states’ fiscal needs, assesses finances, and suggests grants-in-aid. Its recommendations, though advisory, hold significant weight in ensuring federal equity. By factoring in population, income distance, forest cover, etc., the Commission guides balanced development. It influences resource allocation for local bodies (panchayats/municipalities) as well, reinforcing decentralization. Over time, commissions have introduced performance-based incentives, motivating states to enhance governance. The President appoints the Chairperson and members with expertise in public affairs, shaping the Commission’s pivotal role in cooperative federalism.

Practice Questions

निर्वाचन आयोग के अध्यक्ष का कार्यकाल कितना होता है?

View Question

नागरिकता की अवधारणा किस अनुच्छेद से शुरू होती है?

View Question

Which of the following is a provision of the Indian Constitution regarding the Emergency?

View Question

राज्यसभा के सदस्यों का चयन किस आधार पर किया जाता है?

View Question

न्यायपालिका की संरचना में किसका प्रमुख योगदान होता है?

View Question

न्यायपालिका की नियुक्ति में पुनरीक्षण किस सिद्धांत पर आधारित है?

View Question

What is the term of office for the Vice President of India?

View Question

संसद के अधिवेशन की अवधि किस आधार पर निर्धारित होती है?

View Question

भारतीय संसद की दो सदनों का नाम क्या है?

View Question

Which article of the Indian Constitution provides for the protection of interests of minorities?

View Question