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WBCS Main Examination 2023 — Paper V: Indian Constitution and Economy · Question 199 of 200

Q199
Indian EconomyPublic Finance, Budget & Taxation
The Finance Commission is constituted by the President every
  1. a.10 years
  2. b.5 years
  3. c.2 years
  4. d.12 years

Answer: (B) 5 years

Article 280 requires the President to constitute a Finance Commission every fifth year, or earlier if necessary. The other intervals are not in the Constitution.