Indian Polity · Local Self Government
Which of the following statements is correct regarding the State Finance Commission constituted under Article 243I of the Indian Constitution?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It is a permanent body with non-renewable tenures.
- 2It reviews the financial position of the Panchayats and makes recommendations to the Governor.✓
- 3It recommends the principles for distribution of revenue between the Union and States.
- 4It is appointed by the President of India.
Correct answer
It reviews the financial position of the Panchayats and makes recommendations to the Governor.
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