Current Affairs

GK MCQs Section
Q. Consider the following statements regarding the State Finance Commission in India:
  1. It is appointed by the Governor of the respective state.
  2. It can be appointed every five years or earlier than five years if the Governor considers it appropriate.
  3. It consists of members appointed as per eligibility criteria mentioned in the Constitution of India.
Which of the above statements is/are correct?
Answer: Only 1
Notes: Statement 1 is correct, as Article 243I stipulates the Governor appoints the State Finance Commission. Statement 2 is incorrect because the Commission must be appointed every five years, not earlier at the Governoru0027s discretion. Statement 3 is incorrect because the Constitution does not lay down eligibility criteria for membership; this is left to the state legislature.
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📌 Question Number: 39 in Constitutional, Statutory, Non-statutory and Quasi-judicial Bodies in the above course in App.