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With reference to membership of the Finance Commission, consider the following statements:
1. State Finance commission is appointed every five years or at such earlier time when the governor considers necessary.
2 The reports of State Finance Commissions are submitted to National Finance Commission so that it may suggest ways to augment the consolidated fund of state.
3. Chairman of 13th National Finance Commission was Vijay Kelkar.
Which of the above statements is/are correct?
1, 2 only
1, 3 only
3 only
1 only
statement 1 and 3 is correct and statement 2 is incorrect because The reports of State Finance Commissions are submitted to the Governor.
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