{"id":64054,"date":"2024-04-20T09:18:10","date_gmt":"2024-04-20T09:18:10","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=64054"},"modified":"2024-04-20T09:18:10","modified_gmt":"2024-04-20T09:18:10","slug":"the-state-finance-commission-in-maharashtra-is-responsible-for","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-state-finance-commission-in-maharashtra-is-responsible-for\/","title":{"rendered":"The State Finance Commission in Maharashtra is responsible for:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Recommending the devolution of funds to Panchayats&#8221; option2=&#8221;Auditing Panchayat accounts&#8221; option3=&#8221;Resolving disputes between Panchayats&#8221; option4=&#8221;Formulating Panchayat policies&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>Recommending the devolution of funds to Panchayats<\/strong>.<\/p>\n<p>The State Finance Commission (SFC) is a body constituted by the state government to recommend the devolution of funds to Panchayats. The SFC is constituted every five years and its recommendations are binding on the state government. The SFC takes into account the following factors while making its recommendations:<\/p>\n<ul>\n<li>The financial needs of the Panchayats<\/li>\n<li>The revenue-raising capacity of the Panchayats<\/li>\n<li>The state government&#8217;s fiscal position<\/li>\n<\/ul>\n<p>The SFC&#8217;s recommendations are important as they determine the level of financial resources available to the Panchayats. This, in turn, affects the ability of the Panchayats to provide basic services to the people.<\/p>\n<p>The other options are incorrect because:<\/p>\n<ul>\n<li>Auditing Panchayat accounts is the responsibility of the State Audit Department.<\/li>\n<li>Resolving disputes between Panchayats is the responsibility of the State Election Commission.<\/li>\n<li>Formulating Panchayat policies is the responsibility of the State government.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Recommending the devolution of funds to Panchayats&#8221; option2=&#8221;Auditing Panchayat accounts&#8221; option3=&#8221;Resolving disputes between Panchayats&#8221; option4=&#8221;Formulating Panchayat policies&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[985],"tags":[],"class_list":["post-64054","post","type-post","status-publish","format-standard","hentry","category-maharashtra-gk-mcq","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The State Finance Commission in Maharashtra is responsible for:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-state-finance-commission-in-maharashtra-is-responsible-for\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The State Finance Commission in Maharashtra is responsible for:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Recommending the devolution of funds to Panchayats&#8221; 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