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Which article of the Constitution mandated the State Governor to constitute a State Finance Commission every five years?
- a)Article 243I
- b)Article 243Y
- c)Article 244A
- d)Article 245B
Correct answer is option 'A'. Can you explain this answer?
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Which article of the Constitution mandated the State Governor to const...
Article 243I of the Constitution mandated the State Governor to constitute a Finance Commission every five years.
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Which article of the Constitution mandated the State Governor to const...
Article 243I of the Constitution
Article 243I of the Indian Constitution mandates the State Governor to constitute a State Finance Commission every five years. The purpose of this commission is to review the financial position of the Panchayats and municipalities in the state and to make recommendations on various financial matters.
Functions of the State Finance Commission
- The State Finance Commission is responsible for making recommendations on the distribution of financial resources between the State Government and the local bodies.
- It also suggests measures to improve the financial condition of the local bodies.
- The commission reviews the financial powers of the Panchayats and municipalities and recommends ways to strengthen their financial autonomy.
- It also examines the revenue sources of the local bodies and suggests ways to augment their resources.
Importance of the State Finance Commission
- The State Finance Commission plays a crucial role in ensuring financial accountability and transparency in the functioning of local bodies.
- It helps in promoting fiscal federalism by ensuring a fair distribution of financial resources between the State Government and local bodies.
- The recommendations of the commission are aimed at strengthening the financial position of Panchayats and municipalities, thereby empowering them to deliver better services to the citizens.
In conclusion, Article 243I of the Constitution highlights the significance of the State Finance Commission in promoting financial decentralization and strengthening the financial management of local bodies in the country.
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Which article of the Constitution mandated the State Governor to constitute a State Finance Commission every five years?a)Article 243Ib)Article 243Yc)Article 244Ad)Article 245BCorrect answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which article of the Constitution mandated the State Governor to constitute a State Finance Commission every five years?a)Article 243Ib)Article 243Yc)Article 244Ad)Article 245BCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which article of the Constitution mandated the State Governor to constitute a State Finance Commission every five years?a)Article 243Ib)Article 243Yc)Article 244Ad)Article 245BCorrect answer is option 'A'. Can you explain this answer?.
Which article of the Constitution mandated the State Governor to constitute a State Finance Commission every five years?a)Article 243Ib)Article 243Yc)Article 244Ad)Article 245BCorrect answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which article of the Constitution mandated the State Governor to constitute a State Finance Commission every five years?a)Article 243Ib)Article 243Yc)Article 244Ad)Article 245BCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which article of the Constitution mandated the State Governor to constitute a State Finance Commission every five years?a)Article 243Ib)Article 243Yc)Article 244Ad)Article 245BCorrect answer is option 'A'. Can you explain this answer?.
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