Indian Polity · Polity
Consider the following statements regarding the constitutional provisions for financial powers and account audits of local governance bodies: I. Article 243H empowers Panchayats with the authority to impose taxes and make provisions for funds. II. The parallel constitutional provision granting the power to impose taxes and provide funds to Municipalities is detailed under Article 243X. III. The mandatory auditing of accounts for both Panchayats and Municipalities is governed uniformly under a single provision, Article 243Z. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II, and III are correct
- 2Only I and II are correct✓
- 3Only II and III are correct
- 4Only I is correct
Correct answer
Only I and II are correct
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