Political Science · Political Institutions in India
UGC NET October 2022 Political Science
Which of the following statements are incorrect with regard to the Finance Commission?
- I. The provision of the Finance Commission has been mentioned in Article 280 of the Constitution
- II. Finance Commission shall consist of Chairman and two members
- III. Finance Commission submits its recommendations to the Parliament
- IV. The Parliament is authorized to determine the qualifications for appointment as member of the commission
AI and II
BI and IV
CII and III ✓ Correct
DIII and IV
Correct answer: (C) II and III — The incorrect statements are that the Finance Commission has only two members and that it submits its recommendations to Parliament, so the answer is statements two and three.
Explanation
★The incorrect statements are that the Finance Commission has only two members and that it submits its recommendations to Parliament, so the answer is statements two and three.
★Statement one is correct, since Article 280 of the Constitution indeed provides for the Finance Commission.
★Statement two is incorrect, because under Article 280 the Finance Commission consists of a Chairman and four other members, not two.
★Statement three is incorrect, because the Finance Commission submits its recommendations to the President, who causes them to be laid before each House of Parliament.
★Statement four is correct, since Parliament may by law determine the qualifications required for appointment as a member of the Commission.
★The President constitutes a Finance Commission every five years or at such earlier time as considered necessary.
★For NET, fix the Finance Commission with Article 280, a Chairman plus four members, and recommendations placed before Parliament by the President.
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