Multiple choice

Which of the following statements is/are incorrect?

  1. The Finance Commission is a constitutional body.
  2. The Finance Commission came into force by the enactment of the Finance Commission Act of 1951.
  3. The requisite qualifications for appointing Finance commission members are not provided by the Constitution.

  1. Only 1

  2. Only 2

  3. Only 2 and 3

  4. All 1, 2 and 3

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Statement 1 is correct. It was established under Article 280 of the Indian Constitution by the President of India. Therefore, it is a constitutional body.

Statement 2 is wrong. The Finance Commission Act, 1951 lays down rules regarding qualification and disqualification of members of the Commission, their appointment, term, eligibility and powers. Statement 3 is correct. The Finance Commission Act of 1951 states the terms of qualification, appointment and disqualification, the term, eligibility and powers of the Finance Commission. The Parliament may by law determine the requisite qualifications for appointment as members of the Commission and the procedure of selection.