Question

Given below are two statements one is labelled as Assertion (A) and other as Reason (R):

Assertion (A) : The President of India determines the qualifications of the Chairman and Members of the Finance Commission.

Reason (R) : Chairman and members are appointed by the President of India.

Select the correct answer using the codes given below.

1. Both (A) and (R) are true and (R) is correct explanation of (A)
2. Both (A) and (R) are true, but (R) is not correct explanation of (A)
3. (A) is true, but (R) is false
4. (A) is false, but (R) is true

Answer 1

Correct Answer - Option 4 : (A) is false, but (R) is true

The correct answer is option 4.

• Finance commission:
  • Article 280 of the Constitution of India provides for a Finance Commission as a quasi-judicial body.​
  • It is constituted by the President of India every fifth year or at such an earlier time as he considers necessary.
  • The Finance Commission consists of a chairman and four other members to be appointed by the president. Hence, (R) is true.
  • They hold office for such a period as specified by the president in his order.
  • They are eligible for reappointment.
  • The Constitution authorises the Parliament to determine the qualifications of members of the commission and the manner in which they should be selected. Hence, (A) is false.
  • The commission submits its report to the president. He lays it before both the Houses of Parliament along with an explanatory memorandum as to the action taken on its recommendations.