polity hard fill in the blank

Under Article 243-I, the State Finance Commission is constituted every ______ years to review financial position of Panchayats and recommend grants.

  1. 3
  2. 4
  3. 5
  4. 10

Answer: 5

Article 243-I: Governor constitutes State Finance Commission every 5 years to: (a) review financial position of Panchayats, (b) recommend principles for tax/grant distribution between State and Panchayats, (c) suggest measures to improve Panchayat finances. Mirrors Union Finance Commission's role for local bodies, ensuring fiscal decentralization.

Topic Panchayati Raj - Finance Commission
Exam Relevance Fiscal federalism at local level question for UPSC Mains and advanced SSC exams

More Polity Questions