. Which one of the following statements is correct?
(a) Neither the Finance Commission nor the Planning
Commission is a constitutional body
(b) The scope of the Finance Commission is limited to a
review of the revenue segment of the budget while the
Planning Commission takes an overall review embracing both
capital and revenue requirements of the States
(c) No one can be a member of both the Finance Commission
and the Planning Commission at the same time
(d) There is no overlapping of work and responsibility of
the Finance Commission and those of the Planning Commission
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Answer / guest
(b) The scope of the Finance Commission is limited to a
review of the revenue segment of the budget while the
Planning Commission takes an overall review embracing both
capital and revenue requirements of the States
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