The Finance Committee shall consist of the following members, namely:

1. The Financial Adviser
2. One nominee of the Government of India not necessarily from among the members of the General Council
3. One representative of the General Council (other than the Vice President) of the Akademi
4. One nominee of the Executive Board not necessarily from among members of the General Council
5. The Vice President of the Akademi who shall ex-officio be the Chairperson of the Finance Committee.