Indian Polity · Local Self Government
The State Finance Commission makes structural recommendations to the Governor primarily regarding which of the following financial arrangements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The macro-fiscal targets and budgetary allocations for state infrastructure projects
- 2The allocation of grants-in-aid to the states directly from the Consolidated Fund of India
- 3The principles governing the distribution of revenues between the State and local bodies✓
- 4The distribution of net tax proceeds between the Union Government and the State
Correct answer
The principles governing the distribution of revenues between the State and local bodies
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