The Finance Commission is responsible for:

CA Foundation · Business Economics · MTP · April 2025
The Finance Commission is responsible for:
(A) A. Allocating financial resources between the Union and the States
(B) B. Preparing the Union Budget
(C) C. Controlling the Reserve Bank of India
(D) D. Regulating stock markets

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Allocating financial resources between the Union and the States

Topics: Public Finance

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