In which Article does the Finance Commission of India find a mention?

Correct Answer: Article 280

Explanation:

The Finance Commission of India is a constitutional body established under Article 280 of the Constitution of India. It is constituted by the President of India every five years (or earlier, if deemed necessary) to define and recommend the financial relations between the Central Government and the individual State Governments.

Key Functions and Provisions of Article 280:

1. Composition: The Commission consists of a Chairman and four other members appointed by the President of India.
2. Distribution of Revenues: Its primary role is to suggest the allocation of tax proceeds between the Centre and the States, as well as the distribution among the States themselves.
3. Grants-in-Aid: It lays down the principles governing the grants-in-aid of the revenues of the States out of the Consolidated Fund of India.

Therefore, the Finance Commission of India is mentioned in Article 280.