Consider the following statements in respect of Panchayati Raj Institutions in India:
(i) Every Panchayati has the right to receive a grant-in-aid from the State Fund on the recommendation made by NITI Aayog.
(ii) The assigned/shared revenues are ones which are collected by State Government but shared/transferred to local bodies.
(iii) State Finance Commission recommends the transfer of financial resources from the Centre to the States.
(iv) The State Finance Commission created under Article 243 (I) reviews the financial position of Panchayats and Municipalities.
Which of the above statement/s is/are correct?

Question

Examsnet · Accepted Answer

Correct Answer is : (ii) and (iv)

OPSC OAS Paper 1 GS 2022 Solved Paper