Indian Polity · Polity
Which of the following is a function of the State Finance Commission?
- 1To regulate the stock market.
- 2To monitor the fiscal policy of the Central Government.
- 3To determine the principles governing the distribution of taxes between the State and the Panchayati Raj Institutions.✓
- 4To allocate funds to the Union Territories.
Correct answer
To determine the principles governing the distribution of taxes between the State and the Panchayati Raj Institutions.
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