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Who was appointed as the chairman of India's 16th Finance Commission by the central government?

AArvind Panagariya

BN K Singh

CVijay Kelkar

DGirish Chandra Murmu

Answer:

A. Arvind Panagariya

Read Explanation:

• Arvind Panagariya was the former Vice Chairman of NITI Aayog • 15th Finance Commission Chairman - N K Singh • 14th Finance Commission Chairman - Y V Reddy • 13th Finance Commission Chairman - Vijay Kelkar


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Which of the following statements are correct about the historical and current Finance Commissions?

i. The First Central Finance Commission was chaired by K.C. Neogy.

ii. The Second Central Finance Commission was chaired by K. Santhanam.

iii. The 16th Central Finance Commission is chaired by Dr. Arvind Panagariya.

iv. The 7th State Finance Commission of Kerala was chaired by Sri. P.M. Abraham.

v. The Finance Commission is appointed every three years.