Indian Polity · Polity
Arrange the following statements in the correct logical sequence to explain the framework and nature of Grants-in-Aid in rural local finance: A. Tied grants strictly limit expenditure to specific schemes like sanitation, limiting flexibility in utilization. B. Grants from central and state governments constitute the major share of financial resources for Panchayati Raj Institutions. C. Untied grants provide local bodies with the fiscal autonomy to allocate funds based on unique local priorities. D. These financial grants are primarily classified into two distinct types: tied grants and untied grants. Choose the correct sequence:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1B, A, C, D
- 2B, D, A, C✓
- 3D, B, A, C
- 4B, D, C, A
Correct answer
B, D, A, C
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