UPSC previous year question bank

UPSC Finance commission Previous Year Questions

5 Finance commission questions asked in previous UPSC examinations, arranged from the latest year with answers and explanations.

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Questions
5
Years covered
2018–2025
Exam years
4
With answers
5

Finance commission questions by year

20251 2023 🔒2 2021 🔒1 2018 🔒1

UPSC Finance commission Previous Year Questions

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  1. Q1 Prelims 2025 Prelims GS

    Which of the following statements with regard to the recommendations of the 15th Finance Commission of India are correct? I. It has recommended grants of ₹4,800 crores from the year 2022-23 to 2025-26 for incentivizing States to enhance educational outcomes. II. 45% of the net proceeds of Union taxes should be shared with the States. III. ₹45,000 crores are to be kept as performance-based incentive for all States for carrying out agricultural reforms. IV. It reintroduced the tax effort criteria to reward fiscal performance. Select the correct answer using the code given below.

    1. I, II and III
    2. I, II and IV
    3. I, III and IV
    4. II, III and IV
    EconomyFinance commissionFiscal federalism
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