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  1. Who appoints the Finance Commission in India?
    1. Governor, R.B.I.
    2. CAG of India
    3. President of India
    4. Central Finance Minister
Correct Option: C

Article 280 of the Constitution of India requires the Constitution of a Finance Commission every five years, or earlier. It is established by President of India. It consists of a chairman and four other members to be appointed by the president. The first finance commission was established in 1951.


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