2018
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which state constitutes 5th State Finance Commission seeking to uplift Panchayati Raj System?
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Odisha
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Tamil Nadu
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Himachal Pradesh
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Andhra Pradesh
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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.
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