Indian Polity · Polity
Consider the following statements regarding financial governance at the local level in Bihar: I. The State Finance Commission is established as a constitutional body under Article 243-I. II. The primary role of the State Finance Commission is to review the financial position of Panchayats and Municipalities. III. The State Finance Commission is additionally mandated to investigate corruption allegations against public functionaries in local bodies under the Bihar Lokayukta and Uplokayukta Act, 2011. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only I
- 2Only I and II✓
- 3Only II and III
- 4All I, II, and III
Correct answer
Only I and II
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