Which of the following is the one major function of the
finance Commission set up by the Union Government once every
five years ?A) To determine the share of the States and the
Centre out of the Tax receipts.B) To determine the minimum
support prices of all major agricultural commodities. C) To
introduce the new taxes to be levied by the State and the
Union governments.
(1) Only A & B
(2) Only B & C
(3) Only B
(4) Only C
(5) Only A
Answer Posted / guest
( 5 ) Only A
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