McqMate
| Q. |
The Chairman of the Finance Cotnmission must be – |
| A. | A person of Finance and Banking field |
| B. | An Economist of high calibre |
| C. | An expert from Judiciary level of High Court Judge |
| D. | A person having experience in Public Affairs |
| Answer» D. A person having experience in Public Affairs | |
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Explanation: With the objective of giving a structured format to the Finance Commission of India and to bring it at par with world standards, The Finance Commission (Miscellaneous Provisions) Act, 1951 was passed. It lays down rules regarding qualification and disqualification of members of the Commission, their appointment, term, eligibility and powers. The Chairman of the Finance Commission is selectedamong people who have had the experience of public affairs. |
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