GK
INDIAN POLITICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who of the following shall cause every recommendation made by the Finance Commission to be laid before each House of Parliament?
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The President of India
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The Speaker of Lok Sabha
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The Prime Minister of India
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The Union Finance Minister
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Explanation:
Detailed explanation-1: -The Finance Commission makes recommendations to the president of India on the following issues: The net tax proceeds distribution to be divided between the Centre and the states, and the allocation of the same between states.
Detailed explanation-2: -The Department of Expenditure is the nodal Department for overseeing the public financial management system in the Central Government and matters connected with state finances. It is responsible for the implementation of the recommendations of the Finance Commission and Central Pay Commission.
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