Indian Polity · Panchayati Raj System
The State Finance Commission constituted under Article 243I is mandated to review and recommend financial allocations to enhance the resources of:
- 1The Consolidated Fund of the Central Government
- 2Both Panchayats and Municipalities✓
- 3Only Municipalities
- 4Only Panchayats
Correct answer
Both Panchayats and Municipalities
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