OPSC OCS 2021 · Question 35 of 72

Consider the following statements in respect of Panchayati Raj institutions in India : i. Every Panchayati has right to receive grant-in and from the State Fund on the recommendation made by NITI Aayog ii. The assigned / shared revenues are one which is collected by State Government but shared / transformed to local bodies iii. State Finance Commission recommends transfer of financial resources from 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 ?

Polity

1. A(ii) and (iv)Correct
2. B(i) and (ii)
3. C(iii) and (iv)
4. D(ii) and (iii) Academy for Civil Services Page 34