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As of October 2020, who is the Chairman of the Fifteenth Finance Commission?
Question

As of October 2020, who is the Chairman of the Fifteenth Finance Commission?

A.

Ajay Narayan Jha

B.

Bimal Jalan

C.

Shaktikant Das

D.

Nand Kishore Singh

Correct option is D

The correct answer is (d) Nand Kishore Singh.

  • Nand Kishore Singh was the Chairman of the Fifteenth Finance Commission of India as of October 2020.

  • The Fifteenth Finance Commission was constituted in November 2017 and was tasked with making recommendations for the distribution of tax revenues between the Centre and the States for the period 2021–2026.

Information Booster:

  • The Finance Commission is a constitutional body established under Article 280 of the Indian Constitution.

  • The 15th FC's terms of reference included addressing issues such as fiscal consolidation, defence funding, and population-based devolution criteria.

  • Other notable members of the 15th FC included Ajay Narayan Jha, a former member of the 14th Finance Commission.

Additional Information:

Finance CommissionChairmanTenure Period
15th Finance CommissionNand Kishore Singh2020–2025
14th Finance CommissionY. V. Reddy2015–2020
13th Finance CommissionVijay Kelkar2010–2015

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