Question: Who amongst the following has recently been appointed as the full time member of the 15th Finance Commission by the Central Government?
(a) Rajiv Kumar
(b) Education Sharma
(c) Dr. Ashok Lahiri
(d) Chanda Kochhar
Answer: (c)
Related Facts:
- On 3rd May, 2018, the Central Government has appointed former Chief Economic Advisor Dr. Ashok Lahiri appointed a full time member of the 15th Finance Commission.
- Currently he is working as a temporary member in the commission itself. As a permanent member, he will be given the status of Minister of State.
- It is known that the Central Government on November 27th, 2017, the full time member of the Planning Commission, A.K. Singh the 15th Finance Commission was constituted under the chairmanship of Singh.
- Satikant Das and Dr. Anoop Singh is other members of the Commission.
- Ramesh Chand, member of the Policy Commission, is a part-time member of the Commission.
- It is notable that the Finance Commission is set up under Article 280 (1) of the Indian Constitution.
- The 15th Finance Commission will be applicable from 1st April, 2020.