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Who appoints the Finance Commission in India?
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- Governor, R.B.I.
- CAG of India
- President of India
- 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.