BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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D. Subba Rao
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Y. V. Reddy
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Montek Singh Ahluwalia
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Raghuram Rajan
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Detailed explanation-1: -The Fourteenth Finance Commission was constituted by the President under Article 280 of the Constitution in 2013 to make recommendations for the period 2015-20. Dr. Y. V. Reddy was appointed the Chairman of the Commission.
Detailed explanation-2: -The Fourteenth Finance Commission(FFC) was appointed on 2ndJanuary, 2013under the chairmanship of Dr. Y. V. Reddy.
Detailed explanation-3: -The 13th Finance Commission which was constituted by the President under Article 280 of the Constitution that was held on 13 November 2007 to form the recommendations for the amount of 2010 to 2015. Dr Vijay Kelkar was appointed as the Chairman of the Commission.
Detailed explanation-4: -Former Reserve Bank of India (RBI) governor Y.V. Reddy was the chairman of the 14th finance commission. The 14th Finance Commission was constituted on 2nd January 2013. The recommendations of the 14th finance commission came into force in April 2015.