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Soru

Zorluk: OrtaFiscal Policy, Union/State Budgeting, Public Finance, and Taxation Structure

Which of the following options correctly matches the Constitutional Articles related to Indian Public Finance in List-I with their corresponding provisions in List-II?

  • Article 265Prohibition of levying or collecting taxes except by authority of law
  • Article 266(1)Consolidated Funds of India and of the States
  • Article 267Creation of the Contingency Fund of India at the disposal of the President
  • Article 280Constitution and recommendations of the Finance Commission

Cevap

Article 265 matches with 'Prohibition of levying or collecting taxes except by authority of law', Article 266(1) matches with 'Consolidated Funds of India and of the States', Article 267 matches with 'Creation of the Contingency Fund of India at the disposal of the President', and Article 280 matches with 'Constitution and recommendations of the Finance Commission'.
Each constitutional provision is matched directly with its core legal definition under Part XII of the Constitution of India.

Adım Adım Çözüm

1
Analyze Article 265.
Article 265 stipulates that taxation requires statutory authorization.
Prevents executive imposition of taxes without legislative enactment.
2
Analyze Article 266(1).
Article 266(1) establishes the Consolidated Fund.
All revenues, loans raised, and receipts of loan repayments are credited to this fund.
3
Analyze Article 267.
Article 267 establishes the Contingency Fund.
Placed at the disposal of the President to meet urgent unforeseen expenses pending Parliamentary authorization.
4
Analyze Article 280.
Article 280 governs the Finance Commission.
Acts as the quasi-judicial body recommending vertical and horizontal fiscal devolution.

Anahtar Kavram

Constitutional Framework of Indian Public Finance and Budgetary Provisions
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Konular

Fiscal Policy, Union/State Budgeting, Public Finance, and Taxation Structure