Correct option is D
The correct answer is option (d) 15th
- N.K. Singh was appointed as the Chairman of the 15th Finance Commission, which was constituted by the President of India in November 2017.
- The 15th Finance Commission's primary task was to make recommendations on the distribution of net proceeds of taxes between the Centre and the States, and to recommend measures for augmenting the resources of the states.
Information Booster
- The 19th Finance Commission has not yet been constituted as of 2024. The Finance Commission is typically constituted every five years, so the 19th would be expected after the term of the 15th commission ends.
- The 17th Finance Commission was also never established, as the most recent one is the 15th.
- The 13th Finance Commission was constituted in 2007 under the chairmanship of Dr. Vijay L. Kelkar.