Who among the following was the Chairman of the First Finance Commission of India ?

Shri. Santhanam
Shri. K. C. Neogy
Dr. Raj Mannar
Shri. A. K. Chanda

Economy

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Answer:

Option B: Shri. K. C. Neogy

Detailed Solution:

The correct answer is “Shri. K. C. Neogy”.

The First Finance Commission was constituted vide Presidential Order under the chairmanship of Shri K.C. Neogy on 6th April, 1952.

Fifteenth Finance Commissions have been Constituted so far at intervals of every five years.