Which article of the Constitution of India provides for the appointment of a Finance Commission?
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A.
Article 275
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B.
Article 280
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C.
Article 300
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D.
Article 315
Correct Answer:
B. Article 280
Explanation:
Under Article 280 of the Constitution of India, the President is required to establish a Finance Commission every five years, or sooner if necessary. This constitutional body primarily recommends the distribution of net tax proceeds between the Union and the States, as well as the principles for providing grants-in-aid to States from the Consolidated Fund of India. It consists of a Chairman and four other members appointed by the President. While Article 275 concerns grants-in-aid, Article 315 pertains to Public Service Commissions, and Article 300 relates to legal proceedings, it is Article 280 that specifically mandates the Finance Commission's appointment.
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