State Finance Commission is appointed by a State Government every five...

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State Finance Commission is appointed by a State Government every five year to determine

A. miss print resources of the state for placing state's requirements before the Union Government

B. development requirements of the state for formulating State Five Year Plan

C. budgetary requirements of various departments of the State Government

D. pattern of distribution of state's tax revenue between the State Government and local bodies (both Rural and Urban) and the pattern of grant-in-aid to local bodies

Answer: Option D

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