Indian Polity · Polity
Which of the following statements is correct regarding the State Finance Commission constituted under Article 243-I?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1It deals exclusively with Central-State financial relations.
- 2It reviews the financial position of both Panchayats and Municipalities.✓
- 3It recommends the distribution of taxes between State and Panchayats only.
- 4It determines the principles governing grants-in-aid to Panchayats only.
Correct answer
It reviews the financial position of both Panchayats and Municipalities.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Indian Polity?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Polity MCQs →Want more practice questions on Polity?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Indian Polity · Polity