Indian Polity · Polity

Which of the following statements is true regarding the State Finance Commission constituted under Article 243-I?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1It determines the principles governing the distribution of central taxes between the Union and the States.
2It reviews the financial position of the Panchayats and makes recommendations to the Governor.✓
3It directly audits the accounts of all rural local bodies.
4It appoints the State Election Commissioner.

Correct answer

It reviews the financial position of the Panchayats and makes recommendations to the Governor.

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