Who among the following determines the qualifications which shall be requisite for appointment as members of the Finance Commission in India? [A] President of India [B] Council of Ministers [C] Parliament by an act [D] Union Cabinet
The governor of a state shall, after every five years, constitute a finance commission. Articles 243-I and 243-Y deal with the formation of this body. The composition, qualifications of members, and the manner of their selection is decided by the concerned state legislature.
