Finance Commission & Public Finance
Quick practice
Question 1 of 5
With reference to the Finance Commissions of India, consider the following statements:
I. The recommendations of the Fifteenth Finance Commission are valid up to 2025–26, i.e., till 31 March 2026.
II. The recommendations of the Sixteenth Finance Commission will come into effect from 1 April 2026.
Which of the statements given above is/are correct?
A
I only
B
Both I and II
C
Neither I nor II
D
II only
Concepts
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