Multiple choice

Consider the following statements:

  1. Governor constitutes the State Finance Commission once in every 5 years.
  2. Governor provides the composition of State Finance Commission.

Which of the following statements is/are correct?

  1. Only 1

  2. Only 2

  3. Both 1 and 2

  4. Neither of 1 and 2

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

Statement 1: It is correct. Governor of a state after every 5 years constitute a finance commission to review the financial position of the panchayats. Statement 2: It is incorrect. The state legislature may provide for the composition of the commission, the required qualification of its members and the manner of their selection.