Q. Who among the following is/are can be selected as member/s of finance commission?
1.A judge of high court or one qualified to be appointed as one.
2.A person who has specialized knowledge of finance and accounts of the government.
3.A person who has special knowledge of economics.
Choose the correct answer from below given codes:

[A] 1 only

[B] 1 and 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: D
Notes:

Explanation: The chairman should be a person having experience in public affairs and the four other members should be selected from amongst the following:

  • A judge of high court or one qualified to be appointed as one.
  • A person who has specialized knowledge of finance and accounts of the government.
  • A person who has wide experience in financial matters and in administration.
  • A person who has special knowledge of economics.

Source: Laxmikanth Polity