Question
Download Solution PDFWho is the Chairman of the 14th Finance Commission?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Dr. Y. V. Reddy.
In News
- Dr. Y. V. Reddy was appointed as the Chairman of the 14th Finance Commission of India.
Key Points
- Dr. Y. V. Reddy served as the Governor of the Reserve Bank of India (RBI) from 2003 to 2008.
- He has a rich experience in public finance and monetary policy.
- The 14th Finance Commission was constituted by the President of India on January 2, 2013.
- Finance Commission of India
- Established under Article 280 of the Indian Constitution.
- Role - To define the financial relations between the central government and the individual state governments.
- It is appointed every five years.
Additional Information
- Mr. C. Rangarajan
- He served as the Governor of the Reserve Bank of India from 1992 to 1997.
- He was the Chairman of the 12th Finance Commission.
- Shri N.K. Singh
- He is a renowned Indian economist, politician, and former Indian Administrative Service officer.
- He is the Chairman of the 15th Finance Commission.
- Dr. Vijay L. Kelkar
- He served as the Chairman of the 13th Finance Commission.
- He has also been an advisor to the Ministry of Finance.
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