Multiple Choice Questions on The Finance Commission is constituted by the President at the expiration of every year ........ for SSC (CPO) Exam Preparation

Indian Polity

General Studies (CPO)

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Indian Economy - Understanding the basics of Indian economic system

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    The Finance Commission is constituted by the President at the expiration of every ______ year.

    This questions was previously asked in
    SSC CPO 12th Dec 2019 Shift-1

    tenth

    Incorrect Answer

    fifth

    Correct Answer

    seventh

    Incorrect Answer

    sixth

    Incorrect Answer
    Explanation:

    - The Finance Commission is established by the President of India to define the financial relations between the central government and the states.

    - ?? The Commission is reconstituted at the expiration of every fifth year, according to the Constitution of India.

    - Option 1: Tenth year - Incorrect. The Finance Commission is not constituted every ten years.

    - Option 2: Fifth year - Correct. The Commission must be set up every five years.

    - Option 3: Seventh year - Incorrect. There is no provision for a seven-year gap.

    - Option 4: Sixth year - Incorrect. The Commission is not constituted every six years.


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