Who of the following constitutes a Finance Commission for a State in India?
[ A ] The President of India
[ B ] The Governor of the State
[ C ] The Union Finance Minister
[ D ] The Union Cabinet
Answer : Option B
Explanation :
According to Article 243 (I) the governor of the state shall set up the Finance Commission within the period of one year. State Finance Commissions receive grants from the Finance Commission that is set up by the central government
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