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Who is the current Chairperson of the 16th Finance Commission of India (as of early 2025)?
Arvind Panagariya
N ┬╖ K ┬╖ Singh
Shaktikanta Das
Ajay Narayan Jha
Arvind Panagariya
Given: The question asks for the Chairperson of the 16th Finance Commission of India as of early 2025.
The question asks for the Chairperson of the 16th Finance Commission of India as of early 2025.
C16тАЛ=Arvind┬аPanagariya
Memorize the 'Panagariya' name in connection with '16th Finance Commission' as it is a standard static GK fact frequently tested in RRB exams.
Confusing the 16th Finance Commission Chairperson (Arvind Panagariya) with the 15th Finance Commission Chairperson (N ┬╖ K ┬╖ Singh).
Identify the Commission
Recognize that the Finance Commission of India is a constitutional body established under Article 280 of the Indian Constitution.
Article┬а280
Evaluate Options based on Appointments
Evaluate the current tenure for the 16th Finance Commission, which was constituted by the Government of India in late 2023.
Tenure:┬а2026тИТ2031
Select the Chairperson
Confirm that Dr ┬╖ Arvind Panagariya, former Vice Chairman of NITI Aayog, was appointed as the Chairperson of the 16th Finance Commission.
Chairperson=Arvind┬аPanagariya
A is correct because Dr ┬╖ Arvind Panagariya was officially appointed as the Chairperson of the 16th Finance Commission of India.
Finance Commission mandates are crucial for UPSC, SSC, and RRB exams; always check the current report status and recommendation cycles for static GK preparation.