Question

The first Finance Commission of India was set up in the year:

• A. 1956
• B. 1965
• C. 1951
• D. 1948

Answer 1

Answer:

C. 1951

• First Finance Commission of India was established in 1951. It was constituted by a Presidential Order dated November 22, 1951, under the chairmanship of Shri K.C. Neogy.