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Q. |
For which period the Finance Commission is formed? |
A. | 3 year |
B. | 4 year |
C. | 5 year |
D. | 6 year |
Answer» C. 5 year | |
Explanation: As per the Constitution, the commission is appointed every five years and consists of a chairman and four other members. Till date, Thirteen Finance Commissions have submitted their reports. |
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