Consider the following sources of Revenue of the Panchayats:1. Local Authority Grant by Finance Commission2. Assistance by Central Cooperative Banks3. Allocations for centrally sponsored schemes4. Allocation from State Finance Commission5. NABARD Of the above the correct sources of Finance for Panchayat would be

Panchayati raj is the system of local self-government of villages in rural India as opposed to urban and suburban municipalities. It consists of the Panchayati Raj Institutions through which the self-government of villages is realized.