Examveda

The chairman of 13th finance Commission was:

A. Vijay L. Kelkar.

B. K C Neogy

C. Nand Kishore Singh

D. Y V Reddy

Answer: Option A

Solution (By Examveda Team)

What is the Finance Commission? The Finance Commission is a very important body in India. Its main job is to recommend how the tax money collected by the central government should be divided between the central government and the state governments. It ensures fair distribution of resources.

* Each Commission has a Chairman: To lead the work of each Finance Commission, the government appoints a chairperson. This person is responsible for guiding the commission's research, analysis, and recommendations.

* The 13th Finance Commission: This particular commission was set up to make recommendations for the period covering 2010-2015.

* Vijay L. Kelkar's Role: Vijay L. Kelkar was indeed the chairman of the 13th Finance Commission.

* Other Options Explained:
* K C Neogy: He was the chairman of the First Finance Commission.
* Nand Kishore Singh: He was the chairman of the 15th Finance Commission.
* Y. V. Reddy: He was the chairman of the 14th Finance Commission.

This Question Belongs to General Knowledge >> Indian Economy

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Comments (1)

  1. SJ Backup
    SJ Backup:
    7 months ago

    16th Finance commission chairman - Dr. Arvind Panagariya (present)

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