{"id":72899,"date":"2024-04-20T11:32:56","date_gmt":"2024-04-20T11:32:56","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=72899"},"modified":"2024-04-20T11:32:56","modified_gmt":"2024-04-20T11:32:56","slug":"the-state-finance-commission-in-andhra-pradesh-plays-a-role-in-2","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-state-finance-commission-in-andhra-pradesh-plays-a-role-in-2\/","title":{"rendered":"The State Finance Commission in Andhra Pradesh plays a role in:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Allocating resources between the state and local bodies&#8221; option2=&#8221;Tax policy&#8221; option3=&#8221;Budget preparation&#8221; option4=&#8221;Debt Management&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: a) Allocating resources between the state and local bodies.<\/p>\n<p>The State Finance Commission (SFC) is a body constituted by the state government to recommend principles for the devolution of financial resources to local bodies. The SFC takes into account the needs of local bodies, the state&#8217;s fiscal position, and the recommendations of the Central Finance Commission. The SFC&#8217;s recommendations are binding on the state government.<\/p>\n<p>The SFC plays an important role in ensuring that local bodies have adequate resources to provide essential services to the people. The SFC&#8217;s recommendations have helped to improve the financial position of local bodies and have led to an improvement in the quality of services provided by local bodies.<\/p>\n<p>The other options are incorrect because:<\/p>\n<ul>\n<li>Option b) Tax policy is determined by the state government. The SFC does not have any role in tax policy.<\/li>\n<li>Option c) Budget preparation is the responsibility of the state government. The SFC does not have any role in budget preparation.<\/li>\n<li>Option d) Debt management is the responsibility of the state government. The SFC does not have any role in debt management.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Allocating resources between the state and local bodies&#8221; option2=&#8221;Tax policy&#8221; option3=&#8221;Budget preparation&#8221; option4=&#8221;Debt Management&#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":[973],"tags":[],"class_list":["post-72899","post","type-post","status-publish","format-standard","hentry","category-andhra-pradesh-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 Andhra Pradesh plays a role in:<\/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-andhra-pradesh-plays-a-role-in-2\/\" \/>\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 Andhra Pradesh plays a role in:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Allocating resources between the state and local bodies&#8221; 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