New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Which of the following is not the function of finance commission?

    A To recommend the distribution between union and state of the net proceeds of taxes Correct Answer Incorrect Answer
    B Suggest the principles which should govern the grants-in-aid of the States Correct Answer Incorrect Answer
    C Suggest measures to augment the consolidated fund of a State in order to supplement the resources of the Panchayats and Municipalities Correct Answer Incorrect Answer
    D To formulate a plan for the most effective utilisation of the country's resources Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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