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Who has been appointed as the full-time member of the Sixteenth Finance Commission?
  • a)
    Rajeev Kumar
  • b)
    Amitabh Kant
  • c)
    Manoj Panda
  • d)
    Rajmohan Sinha
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Who has been appointed as the full-time member of the Sixteenth Financ...
The Central Government has appointed Manoj Panda, former Director of the Institute of Economic Growth, as a full-time member of the Sixteenth Finance Commission. Till now there were only three full-time members in the Commission. The Center constituted the 16th Finance Commission on December 31, 2023. The Chairman of the Sixteenth Finance Commission is Arvind Panagariya.
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Who has been appointed as the full-time member of the Sixteenth Financ...
Manoj Panda
Manoj Panda has been appointed as the full-time member of the Sixteenth Finance Commission.

Background
Manoj Panda is an Indian Economic Service officer of the 1987 batch. He has held various important positions in the Ministry of Finance and other government departments.

Role in the Finance Commission
As a full-time member of the Sixteenth Finance Commission, Manoj Panda will be responsible for analyzing the financial situation of the central and state governments. He will also play a key role in making recommendations on sharing of financial resources between the center and states.

Importance of the Appointment
The appointment of Manoj Panda as a full-time member of the Finance Commission is significant as it brings in his vast experience and expertise in economic matters. His insights will be crucial in ensuring an equitable distribution of resources and fostering fiscal stability in the country.

Conclusion
Manoj Panda's appointment as a full-time member of the Sixteenth Finance Commission is a positive development that will contribute towards the commission's mandate of promoting fiscal federalism and economic growth in India.
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Who has been appointed as the full-time member of the Sixteenth Finance Commission?a)Rajeev Kumarb)Amitabh Kantc)Manoj Pandad)Rajmohan SinhaCorrect answer is option 'C'. Can you explain this answer?
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