Question

Which constitutional amendment mandates the constitution of a State Finance Commission?

• A. 70th and 71st Amendments
• B. 73rd and 74th Amendments
• C. 75th and 76th Amendments
• D. 69th and 70th Amendments

Answer 1

Answer:

B. 73rd and 74th Amendments

• The 73rd and 74th Constitutional Amendment Acts of 1992 gave constitutional status to Panchayati Raj Institutions and Urban Local Bodies, respectively.

• Article 243-I and 243-Y, inserted by these amendments, mandate the establishment of an SFC every five years.