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Ram Sharma • 193.84K Points
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Q. The jurisdiction of the Finance Commission does not extend to:

  • (A) recommendation of the distribution between the Union and the States of the net proceeds of taxes
  • (B) recommendation of the allocation to the States of the respective shares of such tax proceeds
  • (C) recommendation of the allocation of funds among the various heads of expenditure in the Union and State budgets
  • (D) recommendation of the principles which govern the Grants-in-aid of the revenue of the States out of the . Consolidated Fund of India
Correct Answer - Option(C)

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