The 'Finance Commission' is appointed under which article? MCQ with Answer and Explanation

The 'Finance Commission' is appointed under which article?
A. Article 356
B. Article 360
C. Article 280
D. Article 324
Answer: Option C
Solution (By JKSSB Mock Tests)
The Finance Commission is constituted under Article 280.

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Practice More Economy Set 1 Questions

Question #1
The 'Reserve Bank of India' has how many regional offices?
A. 31
B. 10
C. 19
D. 25

Correct Answer: Option C


Explanation:
The RBI has 19 regional offices.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Ayushman Bharat Yojana' has two components: Health and Wellness Centres and:
A. Pradhan Mantri Ujjwala Yojana
B. Pradhan Mantri Awas Yojana
C. Pradhan Mantri Jan Arogya Yojana
D. Pradhan Mantri Mudra Yojana

Correct Answer: Option C


Explanation:
Ayushman Bharat includes Health and Wellness Centres and PM-JAY.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Appropriation Bill' is passed under which article of the Constitution?
A. Article 110
B. Article 266
C. Article 280
D. Article 114

Correct Answer: Option D


Explanation:
The Appropriation Bill is passed under Article 114 to authorize withdrawal from the Consolidated Fund.

This question belongs to: Economy GK Economy Set 1