Multiple Choice Questions on Consider the following statements ndash The state government shall appoint a finance commission to r........... for UPSC EPFO Exam Preparation

Panchayati Raj Instiutions

Indian Polity

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Indian Economy - Understanding the basics of Indian economic system

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    Consider the following statements –

    The state government shall appoint a finance commission to review the financial positions of the Panchayats and to make recommendations as to–

    1. The distribution between the state and Panchayats of the net proceeds of taxes tolls and fees leviable by the states.
    2. The determination of the taxes, duties, tolls and fees which may  be assigned to the Panchayats
    3. The principles that will determine grants-is-aid to the panchayats. Which of the statements given above is/are correct?

    1only

    Incorrect Answer

    2 and 3only

    Incorrect Answer

    1 and 3only

    Incorrect Answer

    1,2 and3

    Correct Answer
    Explanation:

    The state government shall appoint a finance commission    to review the financial positions of the panchayats and to make recommendations as to.


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