Home > Economics Questions and Answers > Who was the Chairman of the 11th Finance Commission of India?
Who was the Chairman of the 11th Finance Commission of India?
A
Manmohan Singh
B
R.K. Hegde
C
K.C. Pant
D
A.M. Khusro
Correct Answer:
D
A.M. Khusro
- The Chairman of the 11th Finance Commission of India was A.M. Khusro.
- The 11th Finance Commission was constituted in 1998 for the period 2000–2005.
- A.M. Khusro was a noted economist and served as the Chairman of this commission.
- The Finance Commission is a constitutional body established under Article 280 of the Constitution of India.
- Its main function is to recommend the distribution of financial resources between the Central Government and State Governments.
- The commission also suggests principles for grants-in-aid to states.
- K. C. Pant was the Chairman of the 10th Finance Commission, not the 11th.
- Hence, A.M. Khusro is the correct answer.