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

Who was the first woman President of the Indian National Congress?

संघीय ढांचे का विवरण किस अनुच्छेद में मिलता है?

संघीय परिषद का प्रावधान किस अनुच्छेद में है?

Which article of the Indian Constitution mentions the procedure for amendment?

Which is the largest state in India by area?

Which of the following is a Fundamental Duty under the Indian Constitution?

वरिष्ठ न्यायाधीशों के चयन में किस समिति का योगदान होता है?

न्यायिक समीक्षा का सिद्धांत किसके द्वारा समर्थित है?

संविधान संशोधन के लिए मतदान कितनी बार किया जाता है?

राष्ट्रपति के लिए योग्यता मानदंड किस अनुच्छेद में वर्णित हैं?