Finance Commissions in India are constitutional bodies. Each commission has a specific tenure and set of members. It's important to know the members of recent or significant Finance Commissions.
Who among the following is NOT the member of the Fifteenth Finance Commission?
Asked in ASSISTANT PROSECUTION OFFICER (PRELIM.) EXAM. 2022 · Topic: The Finance Commission (Composition, qualifications, and appointment of members)
More Indian Polity and Governance questions
- Under which one of the following Articles is the formation of Finance Commission laid down?
- With reference to the Finance Commission of India, consider the following statements : The Finance Commission is a statutory 1. body. The Finance Commission was set up un‐ 2. der Article 280 of the Constitution. The recommendations made by the Fin‐ 3. ance Commission are only advisory in nature. The first Finance Commission was set up 4. in 1950. Which of the above statements are correct?
- Which of the following statements with regard to the constitution of Finance Commission is/are correct ? 1. The Government of India has recently constituted the Sixteenth Finance Commission under the Chairmanship of Dr. Arvind Panagariya. 2. Finance Commission is constituted in pursuance to Article 263 of the Constitution of India. Select the answer using the code given below :
- Consider the following statements: 1. The Finance Commission is established under Article 280 of the Constitution of India. 2. The Finance Commission makes recommendations on the distribution of tax revenues between the Union and the States. 3. The Finance Commission is a statutory body. Which of the statements given above are correct?
- Which one of the following statements about the Finance Commission is not correct?
- Statement C is correct: A core responsibility of the Finance Commission is to evaluate the state of finances of the Union and State Governments and recommend the distribution of tax revenues. Statement B is incorrect: The 14th Finance Commission was set up in 2013 under the chairmanship of Dr. Y. V. Reddy and its recommendations covered the period 2015-2020. The 15th Finance Commission was set up in November 2017 under the chairmanship of N. K. Singh, and its recommendations cover the period 2020-2025. The introduction of GST happened in July 2017, which was against the backdrop of the setting up of the 15th, not the 14th, Finance Commission. 22. Article 280 of the Indian Constitution lays down the establishment of the
- Which one of the following statements about a State Finance Commission is true?
- The State Finance Commission is a