state gov UP Lekhpal Mock Test 2023 - 24 General Knowledge Polity Local Government

Which of the following statements is accurate concerning financial commissions and Panchayati Raj?

1
The Central Finance Commission does not have the authority to recommend financial grants to Panchayats.
2
The State Finance Commission is recognized as a constitutional body.
3
None of the above
4
Both statements are correct.
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