With reference to the Finance Commission of India, consider the following statements: 1. The Finance Commission is a statutory body. 2. The Finance Commission was set up under Article 280 of the Constitution. 3. The recommendations made by the Finance Commission are only advisory in nature. 4. The first Finance Commission was set up in 1950. Which of the above statements are correct?

With reference to the Finance Commission of India, which of the following statements is correct?

Consider the following statements with regard to the Planning Commission (PC) and Finance Commission (FC) and state which of these statements is not correct.

Consider the following events : 1. Establishment of the Planning Commission 2. Formation of the National Development Council (NDC) 3. Approval of the First Five-Year Plan by the NDC 4, Constitution o…

With reference to the Indian economy, consider the following statements : 1. A share of the household financial savings goes towards government borrowings. 2. Dated securities issued at market-relate…

Regarding Asset Monetization (AM), consider the following statements: 1. The idea of AM was first suggested by a committee led by economist Vijay Kelkar in 2012. 2. AM was announced in the Union Budg…