Which of the following statements about the Finance Commission of India is correct?1. It is a constitutional body established under Article 280 of the Constitution.2. The recommendations of the Finance Commission are binding on the government.3. It advises the President on the distribution of tax revenues between the Centre and the States.Select the correct answer using the code given below: - Study24x7
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11 Sep 2025 01:25 PM study24x7 study24x7

Which of the following statements about the Finance Commission of India is correct?

1. It is a constitutional body established under Article 280 of the Constitution.
2. The recommendations of the Finance Commission are binding on the government.
3. It advises the Pre...

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A

1 and 3 only

B

1, 2, and 3

C

2 and 3 only

D

1 only

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