Civil Services UPSC Mock Test Series 2025 (Prelims + Mains) General Knowledge Polity Constitutional Bodies
Consider the following statements regarding the Finance Commission in India:
1. The Constitution prescribes specific qualifications for the members of the Finance Commission.
2. Article 280 of the Indian Constitution mentions only the Central Finance Commission and not the State Finance Commission.
3. Since its inception, a total of 16 Finance Commissions have been appointed in India.
4. Under the N.K. Singh-led 15th Finance Commission, the maximum weightage in criteria for tax devolution was given to the population factor
How many of the statements above is/are correct?
1
Only one
2
Only two
3
Only three
4
All four