Indian Polity · Polity
Which of the following statements is true about 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 constituted by the Central Government.
- 2It reviews the financial position of the Panchayats.✓
- 3Its recommendations are strictly binding on the State Government.
- 4It directly allocates Central Government funds to the Panchayats.
Correct answer
It reviews the financial position of the Panchayats.
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