Q. With reference to State Finance Commission which of the following statements is/are incorrect?
1. It is constitutional body established under Article 280.
2. The Constitution provides for the required qualification of its members.
3. It recommends the governor about the grants-in-aid to the panchayats from the Consolidated Fund of India.
Select the correct answer using the code given below
Answer: D
Notes:
Exp) Option d is the correct answer
Statement 1 is incorrect. State Finance Commission is a constitutional body which is constituted by the governor of a state after every five years. But it is created under Article 243-I and not Article 280 which provides for Finance Commission.
Statement 2 is incorrect. The composition of commission, the required qualification of its member and the manner of their selection is provided by the state government (and not by the constitution).
Statement 3 is incorrect. State Finance Commission recommends the governor about the principles that should govern the grants-in-aid to the panchayats from the consolidated fund of the state (and not India).
