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Current Affairs

Meeting of 15th Finance Commission

Current Context: The Fifteenth Finance Commission (XVFC) held an online meeting with its Advisory Council.


Meeting of 15th Finance Commission
  • The meeting was chaired by N. K. Singh.
  • In the meeting, the members discussed the impact of the COVID-19 pandemic and the national lockdown on the Indian economy.
  • In order to tackle the financial crisis arisen due to COVID-19, the members have planned to seek RBI’s help to ensure that financial institutions are well-capitalized.
  • Also, the commission has planned to deepen the NPAs in the financial sector and introduce measures to guarantee help to Non-banking financial companies (NBFCs).

Question:

Q.1 Who chaired the Meeting of 15th Finance Commission?
a. N. K. Singh
b. Neelkanth Mishra
c. Dr. Indira Rajaraman
d. Dr.OmkarGoswami
Meeting of 15th Finance Commission Meeting of 15th Finance Commission Reviewed by Neha Verma on April 25, 2020 Rating: 5

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