Who was appointed as the Secretary of the 15th Finance commission?1. Y

1.	Who was appointed as the Secretary of the 15th Finance commission?1. Y.V Reddy2. N.K Singh3. Ajay Jha4. Arvind Mehta
Answer» Correct Answer - Option 4 : Arvind Mehta The correct answer is Arvind Mehta. The Fifteenth Finance Commission : It was constituted on 27 November 2017 against the backdrop of the abolition of the Planning Commission (as also of the distinction between Plan and non-Plan expenditure) and the introduction of the goods and services tax (GST). N.K. Singh - Chairman of 15th Finance Commission of India Arvind Mehta - Secretary. The Finance Commission is a Constitutionally mandated body that is at the center of fiscal federalism. Set up under Article 280 of the Constitution. Core responsibility : It is to evaluate the state of finances of the Union and State Governments, Recommend the sharing of taxes between them, Lay down the principles determining the distribution of these taxes among States. Its working is characterized by extensive and intensive consultations with all levels of governments, thus strengthening the principle of cooperative federalism. Its recommendations are also geared towards improving the quality of public spending and promoting fiscal stability. The first Finance Commission was set up in 1951 and there have been fifteen so far.

Who was appointed as the Secretary of the 15th Finance commission?1. Y.V Reddy2. N.K Singh3. Ajay Jha4. Arvind Mehta

Answer» Correct Answer - Option 4 : Arvind Mehta

The correct answer is Arvind Mehta.

The Fifteenth Finance Commission :
- It was constituted on 27 November 2017 against the backdrop of the abolition of the Planning Commission (as also of the distinction between Plan and non-Plan expenditure) and the introduction of the goods and services tax (GST).
- N.K. Singh - Chairman of 15th Finance Commission of India
- Arvind Mehta - Secretary.

The Finance Commission is a Constitutionally mandated body that is at the center of fiscal federalism.
Set up under Article 280 of the Constitution.
Core responsibility :
- It is to evaluate the state of finances of the Union and State Governments,
- Recommend the sharing of taxes between them,
- Lay down the principles determining the distribution of these taxes among States.
Its working is characterized by extensive and intensive consultations with all levels of governments, thus strengthening the principle of cooperative federalism.
Its recommendations are also geared towards improving the quality of public spending and promoting fiscal stability.
The first Finance Commission was set up in 1951 and there have been fifteen so far.