5 Questions
What was the purpose of extending the term of the Fifteenth Finance Commission?
To examine comparable estimates for financial projection
What did the Union Cabinet ask the Fifteenth Finance Commission to consider?
Whether adequate, secure and non-lapsable funds could be provided for funding defence and internal security
What period was the Fifteenth Finance Commission supposed to cover in its report?
Five years commencing from 1 April 2020
Who approved the extension of the term of the Fifteenth Finance Commission?
The Union Cabinet chaired by Prime Minister Narendra Modi
What was the specific task assigned to the Fifteenth Finance Commission by the Union Cabinet?
To consider how a distinct system to fund defence and internal security be operationalised
Test your knowledge about the Fifteenth Finance Commission (XV-FC or 15-FC) of India, its composition, and responsibilities for the devolution of taxes and fiscal matters. Learn about the chairman and members of the commission.
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