The correct answer is (c) Finance Commission.
Article 280 of the Indian Constitution deals with the Finance Commission. It provides for the establishment of a Finance Commission every five years to review the financial position of the Union and the States and to make recommendations to the President on the distribution of revenues between the Union and the States, the principles governing grants-in-aid to the States, and the measures needed to augment the Consolidated Fund of India.
The Finance Commission is a constitutional body and its recommendations are binding on the Union and the States. The Finance Commission has played a vital role in the development of the Indian economy. Its recommendations have helped to improve the financial position of the States and to promote economic development.
The other options are incorrect.
(a) The Election Commission is an independent body that is responsible for conducting elections to the Parliament, the State Legislatures, and the offices of the President and the Vice-President of India.
(b) The Human Rights Commission is an independent body that is responsible for protecting and promoting human rights in India.
(d) The Backward Class Commission is an independent body that is responsible for identifying and recommending measures for the advancement of socially and educationally backward classes.