General Knowledge · Polity and Governance
With reference to State Finance Commissions (SFCs), consider the following statements: I. The Constitution mandates that the SFC report must be placed before the State Legislature along with an Action Taken Report. II. Recommendations of the SFC are binding on State Governments. III. The Union Finance Commission can recommend grants to local bodies even in the absence of effective SFCs. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I and III only
- 2I only✓
- 3II and III only
- 4I, II and III
Correct answer
I only
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