Current Affairs

GK MCQs Section
Q. The role of the Finance Commission in Centre-State fiscal relations has been undermined by the?
Answer: The Planning Commission
Notes: The Constitution of India envisages the Finance Commission as the balancing wheel of Fiscal Federalism in India. However, its role in the centre-state fiscal relations has been undermined by the emergence of the planning commission, a non-constitutional and a non-statutory body.
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