Indian Polity · Local Self Government
From which of the following sources do Panchayats primarily derive their financial resources and funds?
- 1Direct external assistance from international development institutions
- 2Taxes, duties, tolls, and fees levied by them, along with grants-in-aid from State and Central governments✓
- 3Exclusively from loans provided by commercial and cooperative banks
- 4Only via voluntary public contributions and non-governmental aid
Correct answer
Taxes, duties, tolls, and fees levied by them, along with grants-in-aid from State and Central governments
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