The primary function of the Finance Commission in India is to:

1. distribute revenue between the Centre and the States
2. prepare the Annual Budget
3. advise the President on financial matters
4. allocate funds to various ministries

Explanation

Option (a) is correct

• Under Article 280, the Finance Commission recommends the distribution of tax revenues between the Centre and States (vertical and horizontal devolution).

Answer: (a) distribute revenue between the Centre and the States