GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who was the Chairman of the 13th Finance Commission of India?
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Indira Rajaraman
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C Rangarajan
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Vijay Kelkar
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None of the above
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Explanation:
Detailed explanation-1: -The 13th Finance Commission of India was constituted by the President of India under the chairmanship of Dr Vijay L. Kelkar on 13 November 2007.
Detailed explanation-2: -Governor Y. V. Reddy was the chairman of the 14th Finance Commission. The 14th Finance Commission was constituted on 2nd January 2013 and the recommendations of the 14th Finance Commission came into force in April 2015. The debt of the Union remained within the limits prescribed by the previous commission.
Detailed explanation-3: -Explanation: Kelkar Committee Report is associated with Revisiting and Revitalizing the PPP model of Infrastructure Development. The committee submitted its report to the Finance Ministry in November 2015.
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