Multiple Choice Questions on With reference to the Finance Commission of India which of the following statements is correct ........ for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

With reference to the Finance Commission of India which of the following statements is correct ........

Indian Polity Constitutional Bodies
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    With reference to the Finance Commission of India, which of the following statements is correct?

    It encourages the inflow of foreign capital for infrastructure development

    Incorrect Answer

    It facilitates the proper distribution of finances among the Public Sector Undertakings

    Incorrect Answer

    It ensures transparency in financial administration

    Correct Answer

    None of the statements (a), (b) and (c) given above is correct in this context

    Incorrect Answer
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    Explanation:

    statement a) and b) are incorrect because Finance commission has no any role in capital inflow and finance distribution amonf the PSU’s.It ensures transparency in financial administration

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