Step 1: Overview of the Finance Commission Chairmen.
The Finance Commission of India was established under Article 280 of the Constitution to recommend the distribution of financial resources between the Union and the States. Here, we need to arrange the chairmen in the order of their appointments.
Step 2: Chronological Order of Appointment of Chairmen:
- (A) A M Khusro served as the first Chairman of the Finance Commission, appointed in 1951.
- (D) N K P Salve served as the 9th Chairman, appointed in 1989.
- (C) Vijay Kelkar was the 12th Chairman, appointed in 2002.
- (B) N K Singh was the 14th Chairman, appointed in 2017.
Step 3: Correct Chronological Order.
Based on their years of appointment:
- First, A M Khusro (1951)
- Then, N K P Salve (1989)
- Followed by Vijay Kelkar (2002)
- Finally, N K Singh (2017)
Step 4: Conclusion.
The correct order is (A), (D), (C), (B), making option (1) the correct answer.
List I (Name of committee) | List II (Various sector of India Economy) | ||
A. | Bimal Jalan Committee | I. | Corporate Governance |
B. | Birla Committee | II. | Improving national highways in India |
C. | SR Harhim Committee | III. | Urban poverty |
D. | Chaturvedi | IV. | Market infrastructure Instruments |