Fifteenth Finance Commission Chairman: N.K. Singh

The question asks about the Chairman of the Fifteenth Finance Commission. Understanding the role and composition of the Finance Commission is crucial for answering such questions.

Finance Commission of India Explained

The Finance Commission is a constitutional body in India established under Article 280 of the Indian Constitution. Its primary role is to define the financial relations between the central government of India and the individual state governments. It makes recommendations on the devolution of taxes and other financial matters.

• It is constituted by the President of India every five years or at such earlier time as deemed necessary.
• The Commission's recommendations are key to ensuring fiscal federalism and equitable distribution of resources across the country.

Fifteenth Finance Commission Leadership

The Fifteenth Finance Commission was constituted by the Government of India in November 2017. Its recommendations cover the period from 2020-21 to 2025-26. The key personality leading this significant body is:

• N.K. Singh: He served as the Chairman of the Fifteenth Finance Commission. N.K. Singh is a prominent economist, former Indian Administrative Service officer, and politician. His expertise guided the commission's recommendations on various aspects of Centre-state financial relations, including the vertical and horizontal devolution of taxes, grants-in-aid, and disaster management funding.

Analysis of Other Options

Let's briefly look at the other individuals mentioned in the options to understand their relevance, if any, to the Finance Commissions:

Based on the roles, it is clear that N.K. Singh was the Chairman of the Fifteenth Finance Commission.