Indian Polity · Local Self Government
What is the primary function of the State Finance Commission in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To advise the Central Government on macro-economic tax reforms
- 2To audit the expenditure accounts of the State Cabinet Ministers
- 3To review the financial position of local bodies like Panchayats and Municipalities✓
- 4To allocate funds from the Consolidated Fund of India to states
Correct answer
To review the financial position of local bodies like Panchayats and Municipalities
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