The Finance Commission of India submits its report to ________.

Question

Question

This question was previously asked in

SSC GD Constable (2022) Official Paper (Held On : 30 Jan 2023 Shift 4)

Answer 1

The correct answer is The President of India.Key Points

The Finance Commission of India is a constitutional body that is set up under Article 280 of the Indian Constitution.
Its primary responsibility is to recommend the distribution of tax revenues between the central and state governments.
The Finance Commission submits its report to the President of India, who is the head of the state and represents the country internationally.
The President of India appoints the members of the Finance Commission, and their recommendations are binding on the government.
The Finance Commission's report is an essential document that guides the allocation of resources between the center and the states.

Additional Information

NITI Ayog is a policy think tank of the Government of India that replaced the Planning Commission.
It is responsible for providing strategic and technical advice to the government on various policy matters.
The Finance Minister of India is responsible for managing the finances of the government, including taxation, expenditure, and borrowing.
The President of India is the head of the state and the commander-in-chief of the armed forces.
The President is elected by an electoral college and holds office for a term of five years.
The President has the power to appoint various constitutional bodies and make appointments to various positions in the government.