MCQOPTIONS
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| 1. |
State Finance Commission is appointed by a State Government every five years to determine: |
| A. | Financial resources of the State for placing State's requirement before the Union Government |
| B. | Development requirements of the State for formulating State Five Year Plan |
| C. | Budgetary requirements of various departments of the State Government |
| D. | Pattern of distribution of State's tax revenue between the State Government and local bodies (both rural and urban) and the pattern of grants-in-aid to local bodies |
| Answer» E. | |