With reference to the Finance Commission of India, which of the following statements is correct?

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Q: 45 (IAS/2011)
With reference to the Finance Commission of India, which of the following statements is correct?
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question_subject: 

Polity

question_exam: 

IAS

stats: 

0,168,113,25,35,53,168

keywords: 

{'finance commission': [8, 1, 3, 1], 'foreign capital': [0, 0, 0, 3], 'financial administration': [0, 0, 0, 1], 'finances': [0, 1, 0, 1], 'infrastructure development': [0, 0, 1, 4], 'public sector undertakings': [0, 0, 1, 0], 'transparency': [1, 0, 0, 1], 'india': [8, 1, 7, 13], 'proper distribution': [0, 0, 0, 1], 'context': [2, 2, 1, 6]}