Which of the following statements is/are not correct about the State Finance Commission of Uttar Pradesh– 1. Fifth Finance Commission is under operation in the state. 2. The Chairman of the fifth Finance Commission is Aanand Mishra. 3. First State Finance Commission was formed in 1994. 4. State Finance Commission is formed under the article-243 (I) of the Indian Constitution.

Which of the following statements is/are not correct about the State Finance Commission of Uttar Pradesh– 1. Fifth Finance Commission is under operation in the state. 2. The Chairman of the fifth Finance Commission is Aanand Mishra. 3. First State Finance Commission was formed in 1994. 4. State Finance Commission is formed under the article-243 (I) of the Indian Constitution. Correct Answer All are correct

The correct answer is option 4.

Key Points

  • All the statements regarding the Uttar Pradesh State Finance Commission are correct.
  • Under Article 243-I of the Constitution of India, the governor of a state is required to constitute a Finance Commission every five years.

Additional Information

  •  Fifth Finance Commission is under operation in the state.
  • First State Finance Commission was formed in 1994.

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