• The President of India addresses both the Rajya Sabha and the Lok Sabha at the beginning of the first Session after each general election when the reconstituted lower house meets for the first time. • Article 243 I of the Indian Constitution, the State Finance Commission is appointed by the Governor for a period of 5 years. The Governor also appoints the other members (maximum 4) for the commission. • An increase in banking activity will lead to more money in the bank’s hands in the form of Time Deposits (FD, RD), Demand Deposits (Savings Bank Account), Cash, etc, thus increase in banking habits of the people will increase the money multiplier.
*Answer - Option (C) *President addresses the Indian Parliament at the commencement of the first session after every general election. *The state finance commission is formed under 73rd constitutional amendment act. Article 243I states about state finance commission.
• The President of India addresses both the Rajya Sabha and the Lok Sabha at the beginning of the first Session after each general election when the reconstituted lower house meets for the first time.
• Article 243 I of the Indian Constitution, the State Finance Commission is appointed by the Governor for a period of 5 years. The Governor also appoints the other members (maximum 4) for the commission.
• An increase in banking activity will lead to more money in the bank’s hands in the form of Time Deposits (FD, RD), Demand Deposits (Savings Bank Account), Cash, etc, thus increase in banking habits of the
people will increase the money multiplier.
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Option C is correct answer sir
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Money multiplier increases.. Habit of the people
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C. Increases with banking habit of the people
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Article 243 deals with state finance commission and and 112 deals with Union finance commission
280 union finance commission, 112 annual financial statement nothing but budget
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C.
Option c Sir
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243I
243(I) State finance
112 Indian finance
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*Answer - Option (C)
*President addresses the Indian Parliament at the commencement of the first session after every general election.
*The state finance commission is formed under 73rd constitutional amendment act. Article 243I states about state finance commission.
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243(I) I think sir
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243i
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