WBCS.LIVE practice question

Who is responsible for determining the qualifications of the members of the Finance Commission?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. The Parliament
  2. The President of India
  3. The Finance Minister
  4. The NITI Aayog

Correct answer and explanation

Correct answer: The Parliament

Explanation: āœ… Correct Answer: A) The Parliament šŸ“š Explanation: Although the Finance Commission is constituted by the President under Article 280, the Constitution empowers the Parliament to determine the qualifications of its members. The Finance Commission (Miscellaneous Provisions) Act, 1951 was enacted by Parliament for this purpose. The commission consists of a chairman and four other members appointed by the President.