Q1. Consider the following statements about the Finance Commission Act, 1951: 1. The Act says that 'Commission' means the body constituted under Article 280 of the Constitution. 2. The Chairman must be selected from persons who have had experience in public affairs. 3. All four members must be sitting judges of a High Court. Which of the statements given above are correct?
A 1 and 2 only Correct
B Only 2
C 2 and 3 only
D 1, 2 and 3
Explanation
Statements 1 and 2 are true: the Act defines the Commission by reference to Article 280 and sets public-affairs experience for the Chairman. Statement 3 is false: one member-category includes a High Court judge or a person qualified to be one; the Act gives multiple possible member-qualification categories, not a sitting-judge rule for all four members.