Which of the following are the essential requirements for a person to be appointed as a member of Finance Commission?1. A supreme Court judge or one qualified to be appointed as such2. A person having wide experience in financial matters and administration3. A person having special knowledge of economicsSelect the correct answer using the code given below:

• A. 1, 2 and 3
• B. 1 and 2 only
• C. 2 and 3 only
• D. 1 and 3 only