Discussion
Who was the Chairman of the Twelfth Finance Commission ?
Answer: B
The Twelfth Finance Commission was chaired by Dr. C. Rangarajan.
The Twelfth Finance Commission covered the period 2005-10. Under C. Rangarajan, a former Governor of the Reserve Bank, it recommended raising the states' share of central taxes to 30.5 percent and a debt consolidation and relief facility linked to fiscal responsibility laws.
The others chaired different commissions: A.M. Khusro the Eleventh (2000-05), Dr. Vijay Kelkar the Thirteenth (2010-15) and Y.V. Reddy the Fourteenth (2015-20).
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