Latest NDA Aptitude Question SOLUTION: Consider the following statement :
The state government shall appoint a Finance Commission to review the financial position of the Panchayats
and to make recommendation as to
1. Th
Consider the following statement :
The state government shall appoint a Finance Commission to review the financial position of the Panchayats
and to make recommendation 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 grant-in aid to the Panchayats.
Which of the statements given above is/are correct ?
(A) 1 only (B) 2 and 3 only (C) 1 and 3 only (D) 1, 2 and 3