Q. Consider the following statements regarding finance commission:
1.It consists of a chairman and four other members.
2.They are not eligible for reappointment.
Which of the statements given above is/are not correct?
Quarterly-SFG-Jan-to-March
Red Book

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B
Notes:

Explanation: The Finance Commission consists of a chairman and four other members to be appointed by the president.

They hold office for such period as specified by the president in his order. They are eligible for reappointment.

Source: Laxmikanth

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