Consider the following pairs regarding the State Finance Commissions (SFCs) and related concepts:1. Article 243-I - Mandates the formation of State Finance Commissions every five years.2. Ministry of Panchayati Raj - Certifies state compliance for the release of grants.3. 15th Finance Commission - Can withhold grants from states not implementing SFC recommendations.4. Governor - Responsible for presenting SFC reports to the state legislature.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer?

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Consider the following pairs regarding the State Finance Commissions (SFCs) and related concepts:
1. Article 243-I - Mandates the formation of State Finance Commissions every five years.
2. Ministry of Panchayati Raj - Certifies state compliance for the release of grants.
3. 15th Finance Commission - Can withhold grants from states not implementing SFC recommendations.
4. Governor - Responsible for presenting SFC reports to the state legislature.
How many pairs given above are correctly matched?

a)
Only one pair
b)
Only two pairs
c)
Only three pairs
d)
All four pairs

Correct answer is option 'C'. Can you explain this answer?

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Consider the following pairs regarding the State Finance Commissions ...

1. Article 243-I - Mandates the formation of State Finance Commissions every five years.
This pair is correctly matched. Article 243-I of the Indian Constitution mandates that the Governor of a state set up a State Finance Commission every five years.
2. Ministry of Panchayati Raj - Certifies state compliance for the release of grants.
This pair is correctly matched. The Ministry of Panchayati Raj is responsible for certifying that states comply with constitutional mandates regarding the formation and function of State Finance Commissions before grants are released.
3. 15th Finance Commission - Can withhold grants from states not implementing SFC recommendations.
This pair is correctly matched. The 15th Finance Commission has recommended that grants be withheld from states that do not form State Finance Commissions or fail to implement their recommendations.
4. Governor - Responsible for presenting SFC reports to the state legislature.
This pair is incorrectly matched. While the Governor is responsible for setting up the State Finance Commission, it is typically the responsibility of the state government to present the reports and recommendations of the SFC to the state legislature.
Thus, three out of the four pairs are correctly matched.

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Consider the following pairs regarding the State Finance Commissions (SFCs) and related concepts:1. Article 243-I - Mandates the formation of State Finance Commissions every five years.2. Ministry of Panchayati Raj - Certifies state compliance for the release of grants.3. 15th Finance Commission - Can withhold grants from states not implementing SFC recommendations.4. Governor - Responsible for presenting SFC reports to the state legislature.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer?

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