Indian Polity · Polity
Which statement regarding the State Finance Commission constituted under Article 243I of the Constitution of India is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It reviews the financial position of the Union Territories only.
- 2It reviews the financial position of the Panchayats.✓
- 3It reviews the financial position of the State Government only.
- 4It reviews the financial position of the Central Government.
Correct answer
It reviews the financial position of the Panchayats.
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