1. Which one of the following is the subject of Concurrent List?

2. Which one of the following forms the largest share of deficit in Government of India Budget?

3. Which of the following is extraconstitutional body?

4. The Finance Commission

5. Fiscal Deficit is

6. For distribution of powers between the Union and the States, the Constitution of India introduces three lists. Which two of the following Articles govern the distribution of powers?

7. Recommendations to the President of India on the specific Union-State Fiscal relations are made by the

8. Fiscal Policy refers to

9. Match List-I (Local Bodies) with List-II (States as in 1999) and select the correct answer using the codes given below the lists: List-I List-II
A. Zila Parishads at the sub-divisional level
1. Assam
B. Mandal Praja Prishad
2. Andhra Pradesh
C. Tribal Councils 3. Mizoram
D. Absence of Village Panchayats
4. Meghalaya Codes A B C D

10. The Finance Commission is primarily concerned with recommending to the President about

11. Centre-State relations in India are dependent upon
1. Constitutional provisions
2. Conventions and practices
3. Judicial interpretations
4. Mechanics for dialogue Select the correct answer from the codes given below: Codes

12. Consider the following statements: The function(s) of the Finance Commission is/are
1. to allow the withdrawal of the money out of the Consolidated Fund of India.
2. to allocate between the states the shares of proceeds of taxes.
3. to consider the application for grants-in-aid from States.
4. to supervise and report on whether the Union and State Governments are levying taxes in accordance with the budgetary provisions. Which of these statements is / are correct?

13. For which purpose is the Finance Commission appointed?

14. With reference to the Constitution of India which one of the following pairs is not correctly matched?

15. The Finance Ministry (Government of India) has introduced the concept of ‘Outcome—Budget’ from 2005. Under this, the monitoring of the outcomes will be the responsibility of

16. The Finance Commission is constituted under Article ………….. of the Constitution of India.

17. When was the wealth tax first introduced in India?

18. Article 249 of the Indian Constitution deals with

19. The Indian Parliament cannot legislate on a subject of State List unless:
1. The President of India directs it to do so.
2. The Rajya Sabha passes a resolution that it necessary to do so in national interest.
3. The Speaker of the Vidhan Sabha certifies that the legislation is necessary.
4. There is National Emergency. Considering the above statements, select the correct answer from the codes given below: Codes

20. Finance Commission is

21. Who is the Chairman of 15th Finance Commission?

22. Planning Commission was a

23. Consider the following statements with regard to the Planning Commission (PC) and Finance Commission (FC) and state which of these statements is not correct?

24. The Union Parliament can also legislate on a subject of State List:
1. To give effect to international agreement
2. With the consent of the State concerned
3. During President’s rule in the State
4. In the national interest, when Rajya Sabha passes a resolution to this effect by a 2/3rd majority Select the correct answer from the codes given below: Codes

25. Which one of the following taxes is levied and collected by the Union but distributed between Union and States?