UPSC Exam > UPSC Questions > Regarding the Chairman of Finance Commission ...
Start Learning for Free
Regarding the Chairman of Finance Commission which of the following is not true?
- a)In 1951 K.C. Niyogi became its first Chairman.
- b)In 1956 A.K. Chandra become its Chairman.
- c)In 1992 K.C. Pant was its Chairman
- d)In 2003 C. Rangarajan was its Chairman
Correct answer is option 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Regarding the Chairman of Finance Commission which of the following is...
The Chairman of Finance Commission
Introduction:
The Finance Commission is a constitutional body that is constituted by the President of India every five years. The Commission is responsible for recommending the distribution of tax revenues between the Centre and the States. The Chairman of the Finance Commission plays a crucial role in the functioning of the Commission.
Explanation:
a) In 1951, K.C. Niyogi became the first Chairman of the Finance Commission. He served in this position until 1955.
b) The statement "In 1956, A.K. Chandra became its Chairman" is incorrect. There was no Chairman of the Finance Commission by this name.
c) In 1992, K.C. Pant served as the Chairman of the Finance Commission. He was a former Union Finance Minister and played a key role in shaping India's economic policies.
d) In 2003, C. Rangarajan served as the Chairman of the Finance Commission. He was a renowned economist and served as the Governor of the Reserve Bank of India.
Conclusion:
The Finance Commission plays a significant role in the Indian federal system by ensuring the equitable distribution of resources between the Centre and the States. The Chairman of the Finance Commission is a crucial position, and the person holding this post has a significant impact on the Commission's recommendations.
Introduction:
The Finance Commission is a constitutional body that is constituted by the President of India every five years. The Commission is responsible for recommending the distribution of tax revenues between the Centre and the States. The Chairman of the Finance Commission plays a crucial role in the functioning of the Commission.
Explanation:
a) In 1951, K.C. Niyogi became the first Chairman of the Finance Commission. He served in this position until 1955.
b) The statement "In 1956, A.K. Chandra became its Chairman" is incorrect. There was no Chairman of the Finance Commission by this name.
c) In 1992, K.C. Pant served as the Chairman of the Finance Commission. He was a former Union Finance Minister and played a key role in shaping India's economic policies.
d) In 2003, C. Rangarajan served as the Chairman of the Finance Commission. He was a renowned economist and served as the Governor of the Reserve Bank of India.
Conclusion:
The Finance Commission plays a significant role in the Indian federal system by ensuring the equitable distribution of resources between the Centre and the States. The Chairman of the Finance Commission is a crucial position, and the person holding this post has a significant impact on the Commission's recommendations.
Free Test
FREE
| Start Free Test |
Community Answer
Regarding the Chairman of Finance Commission which of the following is...
AK Chandra is an author of book "introductory quantum chemistry" so on... KC Niyogi was chairman of a first finance commission of India... KC Pant was chairman of 10th finance commissions and C Rangarajan was chairman of 12th finance commission of India... Except AK Chandra all others were chairman of finance commission of India...
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer?
Question Description
Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer?.
Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Regarding the Chairman of Finance Commission which of the following is not true?a)In 1951 K.C. Niyogi became its first Chairman.b)In 1956 A.K. Chandra become its Chairman.c)In 1992 K.C. Pant was its Chairmand)In 2003 C. Rangarajan was its ChairmanCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup