Financial position of the local governments in the State is taken care of by _____________.
The finances required by the local governing bodies for the development of respective areas are provided by state finance commission.
Consider the following statements regarding the finance commission: 1. Finance Commission is a quasi-judicial body. 2. The Finance Commission consists of a chairman and six other members to be appointed by the President. 3. Under article 280, the constitution mentions the qualifications of members of the commission and the manner in which they should be selected. Which of the above statement(s) is/are correct?
Q. In the context of the “Finance Commission”, consider the following statements:
Which of the above statements is/are correct?