2 Constitution, Polity, Social Justice & International Relations · 2.4.2 Constitutional bodies

2.4.2.3 Finance Commission

The Finance Commission, set up by the President every five years under Article 280, recommends how central taxes are shared with the states and among them, and which grants the Union should give; it is a quasi-judicial advisory body.

  • APPSC Group 1
  • Advanced level
  • 8 min read
  • Full course

Key terms

  • Article 280
  • vertical devolution
  • horizontal distribution
  • grants-in-aid
  • K.C. Neogy
  • N.K. Singh
  • Arvind Panagariya
  • Sixteenth Finance Commission

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. AP angleStandard
  5. Mains writingMains writing
  6. Common trapsFoundation
  7. Quick revisionFoundation

Read the full note in the app. It is part of the APPSC Group 1 full course in Medha AI. Free in the app: the first chapter of each topic.

Read the full note in the app Constitution, Polity, Social Justice & International Relations questions with answers

All Constitutional bodies notes · APPSC Group 1 syllabus · APPSC G1 Paper I Mock 1 with answers · Start free

Medha AI writes its own notes and checks them against the sources listed. Medha AI is an independent preparation service. It is not affiliated with, endorsed by or connected to APPSC, TSPSC, MPSC, UPSC or any other commission or government body.