A) Neither the Finance Commission nor the Planning Commission is a constitutional body.
B) The scope of Finance Commission is limited to a review of the revenue segment of the budget while the Planning Commission takes an overall view, 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.
Correct Answer: D
Solution :
[d] Finance Commission is a Constitutional body whereas the Planning Commission is a non-statutory institution.
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