Who among the following is appointed as the chairman of the 16th Finance Commission?

Correct option is C

The Correct Answer is C: Arvind Panagariya

Explanation
Arvind Panagariya is the chairman of the 16th Finance Commission (2023), which recommends financial devolution for 2026-2031. The Finance Commission, constituted under Article 280, ensures equitable tax distribution between the Centre and states.

Key Points

• 16th Finance Commission – Formed in 2023.
• Arvind Panagariya – Economist & former Vice-Chairman of NITI Aayog.
• Objective – Financial devolution & stability.

Additional Information