90 A2 Finance commission Feb 25 Revised

Qts 1.In which  Article Union Finance Commission will come.

Article 280


Qts 2.Who will appoint Chairman and Members to Union Finance Commission 

President of India


Qts 3.What is the term of  Union Finance Commission 

Five Years.


Qts 4.What is the functions of Union Finance Commission

It will determine Tax distribution between Central Government  and State Government


Qts 5. What is meant by  GrantS in aids 

Grants in Aid is Free Financial Aid.


Qts 6.Who will determine Grants in Aid provided by Central  Government to State Governments

Union Finance Commission.


Qts 7.Who will appoint the  chairman and Members to State Finance Commission 

Governor of the State


Qts 8.What is the term of State Finance Commission

Five Years


Qts 9.What is the role of  State Finance Commission

It will determine tax distribution between State  Government and Local Governments 


Qts 10.Who will determine Grants in Aid provided by State Government to Local Governments 

'Stale Finance Commission.

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