CURRENT AFFAIRS

2019

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

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

The 5th meeting of the Economic Advisory Council of the 15th Finance Commission was held in which of the following city?

A	Chennai
B	Indore
C	New Delhi
D	Mumbai

Explanation:

Detailed explanation-1: -The commission was set up to give recommendations for devolution of taxes and other fiscal matters for five fiscal years, commencing 1 April 2020. The main tasks of the commission were to “strengthen cooperative federalism, improve the quality of public spending and help protect fiscal stability".

Detailed explanation-2: -Revision Points on 15th Finance Commission for UPSC Constituted by the President in November 2017. It is headed by N K Singh. Deliberation period from the end of 2017 to the end of October 2019. The recommendations would be applicable for the period from 2021-2026.

Detailed explanation-3: -The Fifteenth Finance Commission (XVFC) led by Chairman N K Singh, on Monday submitted its Report for the period 2021-22 to 2025-26 to President of India Ram Nath Kovind. Members of the Commission, Ajay Narayan Jha, Prof.

Detailed explanation-4: -The most recent Finance Commission was constituted in 2017 and is chaired by N. K. Singh, a former member of the Planning Commission.

There is 1 question to complete.