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    Question

    The 16th Finance Commission for 2026тАУ31 was chaired by

    whom?
    A Dr. Bimal Jalan Correct Answer Incorrect Answer
    B Dr. Raghuram Rajan Correct Answer Incorrect Answer
    C Dr. Arvind Panagariya Correct Answer Incorrect Answer
    D Dr. Urjit Patel Correct Answer Incorrect Answer
    E Dr. Vijay Kelkar Correct Answer Incorrect Answer

    Solution

    The 16th Finance Commission (covering 2026тАУ27 to 2030тАУ31) is chaired by Dr. Arvind Panagariya. The Finance Commission is a constitutional body constituted every five years by the President of India to recommend devolution of taxes and grants between the Centre and States, along with broader fiscal discipline measures.

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