A) Finance Commission
B) Inter-State Council
C) Union Ministry of Finance
D) Public Accounts Committee
Correct Answer: A
Solution :
[a] The Inter-State Council was established under Article 263 of the Constitution of India through a Presidential Order dated 28 May 1990. The Council is a recommendatory body with the following duties: -a) Investigating and discussing such subjects, in which some or all of the States or the Union and one or more of the States have a common interest, as may be brought up before it; [b] Making recommendations upon any such subject and in particular recommendations for the better coordination of policy and action with respect to that subject; and [c] Deliberating upon such other matters of general interest to the States as may be referred by the Chairman to the Council. The Council shall consist of, [a] Prime Minister - Chairman [b] Chief Ministers of all States - Member [c] Chief Ministers of Union Territories having a Legislative Assembly and Administrators of UTs not having a Legislative Assembly - Member d) Six Ministers of Cabinet rank in the Union Council of Ministers to be nominated by the Prime Minister - Member the Presidential Order of 1990 has been amended twice vide Orders dated 19 July 1990 and 24 December 1996 providing for Governor of a State under President's rule to attend the meeting of the Council and nomination by the Chairman of permanent invitees from amongst the other Union Ministers, respectively..
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