Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Polity and Indian Constitution

Question:

Who is the chairperson of 15th finance commission

Options:

Y. V. Reddy

N. K. Singh

Vijay Kelkar

C. Rangarajan

Correct Answer:

N. K. Singh

Explanation:

The correct answer is Option 2 - N. K. Singh

N. K. Singh was serving as the Chairman of the 15th Finance Commission of India covering the period from 2017 to 2022.

The Finance Commission is a constitutional body in India that plays a crucial role in the fiscal federalism of the country. The Finance Commission is constituted under Article 280 of the Indian Constitution. The President of India appoints the members of the Finance Commission, including the Chairman. The Finance Commission is typically constituted every five years or at such intervals as the President may determine.