Which one of the following statements regarding State Finance Commission is correct?
A. The Governor of a State shall constitute a Finance Commission to review the financial position of the Panchayats
B. The Commission shall review the financial position of all States in the country
C. The tenure of the Commission is six years
D. The Commission shall submit its recommendation to the Central Government
Answer:A
Which one of the following statements regarding State Finance Commission is correct?
A. The Governor of a State shall constitute a Finance Commission to review the financial position of the Panchayats B. The Commission shall review the financial position of all States in the country C. The tenure of the Commission is six years D. The Commission shall submit its recommendation to the Central Government