Who was appointed as the Chairman of the 16th Finance Commission?
Correct Answer: Arvind Panagariya
Subject: Current Affairs
- Niti Kumar Chaudhary
- Arvind Panagariya
- Rituvik Rananjam Pandey
- V K Malhotra
Explanation: Arvind Panagariya, former CEO of NITI Aayog, was appointed as the Chairman of the 16th Finance Commission.
• Finance Commission is constituted under Article 280 of the Constitution
• It is a quasi-judicial body whose recommendations are NOT binding
• Secretary of 16th Finance Commission: Rituvik Rananjam Pandey
• Composition: 1 Chairman + 4 other members