- Article 243I was added by the 73rd Amendment Act, 1992, dealing with Panchayats. - Article 243Y was added by the 74th Amendment Act, 1992, dealing with Municipalities. - The commission reviews the financial position of Panchayats and Municipalities and makes recommendations to the Governor regarding the distribution of revenues between the state government and local bodies, allocation of taxes, duties, tolls, and fees, and grants-in-aid to the local bodies.
Which one of the following statements about a State Finance Commission is true?
Asked in UPPCS Prelims 2015 · Topic: The Finance Commission (Constitutional provisions (Article 280))
More Indian Polity and Governance questions
- The State Finance Commission is a
- Finance Commission is constituted after every
- The Finance Commission is constituted for a period of
- In India the Finance Commission is constituted for
- The Finance Commission is appointed after every:
- Finance Commission is appointed for a term of
- Under which Article of the Constitution of India is the Finance Commission appointed by President of India?
- All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the
