CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which state constitutes 5th State Finance Commission seeking to uplift Panchayati Raj System?
A
Odisha
B
Tamil Nadu
C
Himachal Pradesh
D
Andhra Pradesh
Explanation: 

Detailed explanation-1: -Under Article 243-I of the Constitution of India, the governor of a state is required to constitute a Finance Commission every five years. Wondering why? This is in order to decide the resource allocation between the state government and the Panchayati Raj Institutions.

Detailed explanation-2: -The Fifth Finance Commission of India was constituted by the President of India, Dr. Zakir Hussain, on 15 March 1968. The commission was chaired by Mahavir Tyagi.

Detailed explanation-3: -According to Article 243 I of the Indian Constitution, the State Finance Commission is appointed by the Governor for a period of 5 years. The Governor also appoints the other members (maximum 4) for the commission.

There is 1 question to complete.