In 2024, Arvind Panagariya was appointed as the 16th Chairman of the Finance Commission of India. Which of the following is correct regarding the responsibilities of the Finance Commission?
- AOption (a)
Conducting monetary policy and controlling inflation
- BOption (b)
Deciding the number of seats in the Lok Sabha and Rajya Sabha
- COption (c)
Recommending the distribution of financial resources between the Centre and States
- DOption (d)
Regulating share markets and financial intermediaries
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Correct answer
Conducting monetary policy and controlling inflation










