Who is the head of committee on examine the feasibility and desirability of having a new financial year.

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Shankar Acharya
B	NK Singh
C	Sanjay Mitra
D	Shyam Bengal

Explanation:

Detailed explanation-1: -Shankar Acharya committee has been constituted by the Union Finance Ministry to examine the feasibility and desirability of having a new financial year. This could lead to changing India’s financial year from April-March to January –February or any other 12-month period.

Detailed explanation-2: -Union Government constitute Shankar Acharya Committee to examine desirability and feasibility of new financial year. The Union Finance Ministry has constituted four members committee to examine the feasibility and desirability of having a new financial year.

Detailed explanation-3: -The Finance Commission had recommended this earlier-and a previous government had accepted it in principle and mandated the Government Accounting Standards Advisory Board to draw up a detailed roadmap.

There is 1 question to complete.