Which of the following statements is correct with respect to the State Finance Commission?
IIt is required to appoint a State Finance Commission once in five years.
IIIt recommends the determination of taxes, duties, tolls and fees assigned to the Panchayats and Municipalities.
IIIArticle 243 deals with the constitution of the finance commission to review the financial position of Panchayats.
Choose the correct answer using the codes given below:

Question

Which of the following statements is correct with respect to the State Finance Commission?

IIt is required to appoint a State Finance Commission once in five years.
IIIt recommends the determination of taxes, duties, tolls and fees assigned to the Panchayats and Municipalities.
IIIArticle 243 deals with the constitution of the finance commission to review the financial position of Panchayats.

Choose the correct answer using the codes given below:

Accepted Answer

Option D: All of the above