UPPSC 2016 General Studies I Solved Paper

Question : 67 of 150

Marks: +1, -0

Who among the following was the Chairman of

14^{th }

Finance Commission?

Shanta Kumar
C. Rangarajan
Y.V. Reddy
None of these

Validate

Solution:

14^{th}

Finance Commission. The first Finance Commission was established by the President of India in 1951 under Article 280 of the Indian Constitution. It is formed in every 5 years to provide distribution of taxes between the centre and the states, and between the states. In 2017, the

15^{th}

Finance Commission was formed under the chairmanship of N.K.Singh.

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