{"id":90428,"date":"2025-06-01T10:28:25","date_gmt":"2025-06-01T10:28:25","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=90428"},"modified":"2025-06-01T10:28:25","modified_gmt":"2025-06-01T10:28:25","slug":"which-of-the-following-are-the-essential-requirements-for-a-person-to","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/","title":{"rendered":"Which of the following are the essential requirements for a person to"},"content":{"rendered":"<p>Which of the following are the essential requirements for a person to be appointed as a member of Finance Commission?<\/p>\n<ul>\n<li>1. A Supreme Court judge or one qualified to be appointed as such<\/li>\n<li>2. A person having wide experience in financial matters and administration<\/li>\n<li>3. A person having special knowledge of economics<\/li>\n<\/ul>\n<p>Select the correct answer using the code given below :<\/p>\n<p>[amp_mcq option1=&#8221;1, 2 and 3&#8243; option2=&#8221;1 and 2 only&#8221; option3=&#8221;2 and 3 only&#8221; option4=&#8221;1 and 3 only&#8221; correct=&#8221;option3&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CAPF &#8211; 2019<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-capf-2019.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-capf-2019\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nThe correct answer is C) 2 and 3 only.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nArticle 280 of the Indian Constitution deals with the Finance Commission. Article 280(2) states that Parliament may by law determine the qualifications for appointment as members of the Commission.<br \/>\nThe Finance Commission (Miscellaneous Provisions) Act, 1951 lays down these qualifications. It states that the Chairman should be a person who has had experience in public affairs. The other four members shall be selected from among persons who are:<br \/>\n1.  a Judge of a High Court or one who is qualified to be appointed as a Judge of a High Court;<br \/>\n2.  persons who have special knowledge of the finances and accounts of Government;<br \/>\n3.  persons who have had wide experience in financial matters and in administration;<br \/>\n4.  persons who have special knowledge of economics.<\/p>\n<p>Let&#8217;s check the given statements against these qualifications:<br \/>\n1.  A Supreme Court judge or one qualified to be appointed as such. The Act specifies High Court judge or qualified to be High Court judge. This statement is incorrect as it mentions Supreme Court instead of High Court.<br \/>\n2.  A person having wide experience in financial matters and administration. This matches qualification number 3 in the Act. This statement is correct.<br \/>\n3.  A person having special knowledge of economics. This matches qualification number 4 in the Act. This statement is correct.<\/p>\n<p>Based on the Finance Commission (Miscellaneous Provisions) Act, 1951, statements 2 and 3 describe essential requirements for members (other than the Chairman). Statement 1 is inaccurate regarding the court level specified in the Act.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nThe Finance Commission is a constitutional body constituted every five years by the President of India to recommend the distribution of financial resources between the Union and the States, and between the States themselves. The composition and qualifications of its members are determined by Parliament.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following are the essential requirements for a person to be appointed as a member of Finance Commission? 1. A Supreme Court judge or one qualified to be appointed as such 2. A person having wide experience in financial matters and administration 3. A person having special knowledge of economics Select the correct &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Which of the following are the essential requirements for a person to\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/#more-90428\">Detailed Solution<span class=\"screen-reader-text\">Which of the following are the essential requirements for a person to<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1085],"tags":[1119,1099,1390],"class_list":["post-90428","post","type-post","status-publish","format-standard","hentry","category-upsc-capf","tag-1119","tag-indian-polity-and-governance","tag-the-finance-commission","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which of the following are the essential requirements for a person to<\/title>\n<meta name=\"description\" content=\"The correct answer is C) 2 and 3 only. Article 280 of the Indian Constitution deals with the Finance Commission. Article 280(2) states that Parliament may by law determine the qualifications for appointment as members of the Commission. The Finance Commission (Miscellaneous Provisions) Act, 1951 lays down these qualifications. It states that the Chairman should be a person who has had experience in public affairs. The other four members shall be selected from among persons who are: 1. a Judge of a High Court or one who is qualified to be appointed as a Judge of a High Court; 2. persons who have special knowledge of the finances and accounts of Government; 3. persons who have had wide experience in financial matters and in administration; 4. persons who have special knowledge of economics. Let&#039;s check the given statements against these qualifications: 1. A Supreme Court judge or one qualified to be appointed as such. The Act specifies High Court judge or qualified to be High Court judge. This statement is incorrect as it mentions Supreme Court instead of High Court. 2. A person having wide experience in financial matters and administration. This matches qualification number 3 in the Act. This statement is correct. 3. A person having special knowledge of economics. This matches qualification number 4 in the Act. This statement is correct. Based on the Finance Commission (Miscellaneous Provisions) Act, 1951, statements 2 and 3 describe essential requirements for members (other than the Chairman). Statement 1 is inaccurate regarding the court level specified in the Act.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which of the following are the essential requirements for a person to\" \/>\n<meta property=\"og:description\" content=\"The correct answer is C) 2 and 3 only. Article 280 of the Indian Constitution deals with the Finance Commission. Article 280(2) states that Parliament may by law determine the qualifications for appointment as members of the Commission. The Finance Commission (Miscellaneous Provisions) Act, 1951 lays down these qualifications. It states that the Chairman should be a person who has had experience in public affairs. The other four members shall be selected from among persons who are: 1. a Judge of a High Court or one who is qualified to be appointed as a Judge of a High Court; 2. persons who have special knowledge of the finances and accounts of Government; 3. persons who have had wide experience in financial matters and in administration; 4. persons who have special knowledge of economics. Let&#039;s check the given statements against these qualifications: 1. A Supreme Court judge or one qualified to be appointed as such. The Act specifies High Court judge or qualified to be High Court judge. This statement is incorrect as it mentions Supreme Court instead of High Court. 2. A person having wide experience in financial matters and administration. This matches qualification number 3 in the Act. This statement is correct. 3. A person having special knowledge of economics. This matches qualification number 4 in the Act. This statement is correct. Based on the Finance Commission (Miscellaneous Provisions) Act, 1951, statements 2 and 3 describe essential requirements for members (other than the Chairman). Statement 1 is inaccurate regarding the court level specified in the Act.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T10:28:25+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which of the following are the essential requirements for a person to","description":"The correct answer is C) 2 and 3 only. Article 280 of the Indian Constitution deals with the Finance Commission. Article 280(2) states that Parliament may by law determine the qualifications for appointment as members of the Commission. The Finance Commission (Miscellaneous Provisions) Act, 1951 lays down these qualifications. It states that the Chairman should be a person who has had experience in public affairs. The other four members shall be selected from among persons who are: 1. a Judge of a High Court or one who is qualified to be appointed as a Judge of a High Court; 2. persons who have special knowledge of the finances and accounts of Government; 3. persons who have had wide experience in financial matters and in administration; 4. persons who have special knowledge of economics. Let's check the given statements against these qualifications: 1. A Supreme Court judge or one qualified to be appointed as such. The Act specifies High Court judge or qualified to be High Court judge. This statement is incorrect as it mentions Supreme Court instead of High Court. 2. A person having wide experience in financial matters and administration. This matches qualification number 3 in the Act. This statement is correct. 3. A person having special knowledge of economics. This matches qualification number 4 in the Act. This statement is correct. Based on the Finance Commission (Miscellaneous Provisions) Act, 1951, statements 2 and 3 describe essential requirements for members (other than the Chairman). Statement 1 is inaccurate regarding the court level specified in the Act.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/","og_locale":"en_US","og_type":"article","og_title":"Which of the following are the essential requirements for a person to","og_description":"The correct answer is C) 2 and 3 only. Article 280 of the Indian Constitution deals with the Finance Commission. Article 280(2) states that Parliament may by law determine the qualifications for appointment as members of the Commission. The Finance Commission (Miscellaneous Provisions) Act, 1951 lays down these qualifications. It states that the Chairman should be a person who has had experience in public affairs. The other four members shall be selected from among persons who are: 1. a Judge of a High Court or one who is qualified to be appointed as a Judge of a High Court; 2. persons who have special knowledge of the finances and accounts of Government; 3. persons who have had wide experience in financial matters and in administration; 4. persons who have special knowledge of economics. Let's check the given statements against these qualifications: 1. A Supreme Court judge or one qualified to be appointed as such. The Act specifies High Court judge or qualified to be High Court judge. This statement is incorrect as it mentions Supreme Court instead of High Court. 2. A person having wide experience in financial matters and administration. This matches qualification number 3 in the Act. This statement is correct. 3. A person having special knowledge of economics. This matches qualification number 4 in the Act. This statement is correct. Based on the Finance Commission (Miscellaneous Provisions) Act, 1951, statements 2 and 3 describe essential requirements for members (other than the Chairman). Statement 1 is inaccurate regarding the court level specified in the Act.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T10:28:25+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/","url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/","name":"Which of the following are the essential requirements for a person to","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T10:28:25+00:00","dateModified":"2025-06-01T10:28:25+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"The correct answer is C) 2 and 3 only. Article 280 of the Indian Constitution deals with the Finance Commission. Article 280(2) states that Parliament may by law determine the qualifications for appointment as members of the Commission. The Finance Commission (Miscellaneous Provisions) Act, 1951 lays down these qualifications. It states that the Chairman should be a person who has had experience in public affairs. The other four members shall be selected from among persons who are: 1. a Judge of a High Court or one who is qualified to be appointed as a Judge of a High Court; 2. persons who have special knowledge of the finances and accounts of Government; 3. persons who have had wide experience in financial matters and in administration; 4. persons who have special knowledge of economics. Let's check the given statements against these qualifications: 1. A Supreme Court judge or one qualified to be appointed as such. The Act specifies High Court judge or qualified to be High Court judge. This statement is incorrect as it mentions Supreme Court instead of High Court. 2. A person having wide experience in financial matters and administration. This matches qualification number 3 in the Act. This statement is correct. 3. A person having special knowledge of economics. This matches qualification number 4 in the Act. This statement is correct. Based on the Finance Commission (Miscellaneous Provisions) Act, 1951, statements 2 and 3 describe essential requirements for members (other than the Chairman). Statement 1 is inaccurate regarding the court level specified in the Act.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-are-the-essential-requirements-for-a-person-to\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC CAPF","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-capf\/"},{"@type":"ListItem","position":3,"name":"Which of the following are the essential requirements for a person to"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/90428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=90428"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/90428\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=90428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=90428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=90428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}