The Fifteenth Finance Commission commission has recommended the grant of how much Rs. for the period FY 2020-21 for Rural Local Bodies?
Answer with explanationAnswer: Option B
The Fifteenth Finance Commission (XV FC) has submitted its interim report for the period FY 2020-21 and the Government of India has accepted its recommendations in respect of the Rural Local Bodies (RLBs). The commission has recommended the grant of Rs.60,750 cr for the period FY 2020-21 for RLBs which is the highest ever allocation made by the Finance Commission in any single year.
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