Consider the following statements about Committee on Estimates:

  1. Members of the Committee are elected only from amongst members of Lok Sabha
  2. Finance Minister is the ex-officio Chairperson of the Committee

Which of the above statements is/are correct?

Answer: [A] 1 Only

Second statement is incorrect because a Minister is not eligible for election to this Committee. The term of the Committee is one year. First statement is correct.

This question is a part of GKToday's Integrated IAS General Studies Module