MCQOPTIONS
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| 1. |
Consider the following statements: The Finance Commission makes recommendation to the President in respect of: 1. The distribution of net proceeds of taxes to be shared between the Union and the States 2. Assessment of natural, capital and human resources 3. The principles governing grants-in-aid to the States 4. Any other matter concerning financial relations between the Union and the States Of these statements: |
| A. | 1, 2, 3 and 4 are correct |
| B. | 2 and 4 are correct |
| C. | 1, 3 and 4 are correct |
| D. | 1, 2 and 3 are correct |
| Answer» D. 1, 2 and 3 are correct | |