StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

Which of the following commissions set up by the President of India decides the distribution of tax revenues between the Central and State Governments?

  1. Finance Commission
  2. Pay Commission for Government Employees
  3. Administrative Reforms Commission
  4. Planning Commission

Correct answer: Finance Commission

Solution

The Finance Commission is a constitutional body that recommends how tax revenues should be shared between the Centre and the States. It is appointed by the President of India under Article 280.

Related IBPS PO General Awareness questions

⚔️ Practice IBPS PO General Awareness free + battle 1v1 →