Civil Services APPSC Group I Services Prelims Mock Test Series 2025 General Knowledge Polity Constitutional Bodies
Which of the following statements is/are correct about the Finance Commission of India?
1. The eligibility of members of the Finance Commission is determined by the President.
2. The First Finance Commission was constituted in 1951.
3. The President of India constitutes the Finance Commission every 5 years.
4. Chairman of Finance Commission submits his report to the Parliament of India.
1
1 and 2 only
2
2 and 3 only
3
3 and 4 only
4
1 and 4 only