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Which of the following best characterizes the Union Finance Commission?
Administrative body
Quasi-Judicial body
Judicial body
Legislative body
Article 280 of the Constitution of India provides for a Finance Commission as a quasi-judicial body. It is constituted by the president of India every fifth year or at such earlier time as he considers necessary. It is quasi-judicial in nature because it decides/adjudicates on the just allocation of resources to between states from the Central pool.
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