Indian Polity · Polity
Match List-I (Term / Body) with List-II (Description): List-I: A. State Finance Commission B. Financial Devolution C. Vertical Distribution of Resources D. Horizontal Distribution of Resources List-II: I. Allocation of financial resources between the state government and local bodies II. Distribution of funds among local bodies at the same level III. Transfer of financial powers and resources from higher levels of government to local bodies IV. A constitutional body constituted every five years to review local bodies' financial positions Choose the correct match from the options given below:
- 1A-IV, B-III, C-I, D-II✓
- 2A-III, B-IV, C-II, D-I
- 3A-IV, B-II, C-III, D-I
- 4A-I, B-III, C-IV, D-II
Correct answer
A-IV, B-III, C-I, D-II
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