How many Finance Commissions have been appointed till 2007?
D
Correct answer
Explanation
Thirteen Finance Commissions had been constituted till 2007. Finance Commissions are appointed every 5 years under Article 280 of the Constitution to recommend centre-state fiscal relations. The 13th Commission was operational in 2007 (for period 2010-15). Earlier commissions include the first (1952) and well-known ones like the 11th (2000-2005) and 12th (2005-2010).