Correct option is A
The correct answer is The President.
· The
Chairman of the
Finance Commission in India is appointed by the
President of India, as per the constitution.
· The
Finance Commission is established under
Article 280 of the Constitution of India to define the financial relations between the central government and the states.
· The appointment of the
Chairman is an important step in ensuring that the commission functions efficiently and impartially.
· The role of the Chairman is critical for the Finance Commission as they lead the efforts in evaluating and recommending the distribution of the net proceeds of taxes between the Centre and the states.
· The Chairman ensures that the Finance Commission fulfils its constitutional mandate to promote fiscal stability and federal financial relations.