Indian Polity · Local Self Government
The State Finance Commission constituted under Article 243-I is primarily mandated to recommend principles governing which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The allocation of discretionary funds to state judicial bodies
- 2The distribution of taxes and grant-in-aid to improve the financial position of Panchayats✓
- 3The financial management and auditing of State public sector units
- 4The distribution of net tax proceeds between the Union and the States
Correct answer
The distribution of taxes and grant-in-aid to improve the financial position of Panchayats
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