76. The recommendations of the Finance Commission cover a period of:
a) 1 year
b) 2 years
c) 3 years
d) 5 years
77. Which Finance Commission recommended the sharing of Union taxes with the states in a horizontal formula?
a) Eleventh Finance Commission
b) Twelfth Finance Commission
c) Thirteenth Finance Commission
d) Fifteenth Finance Commission
78. The current Chairman of the Fifteenth Finance Commission is:
a) N. K. Singh
b) Y. V. Reddy
c) Raghuram Rajan
d) Shaktikanta Das
79. The term of the Fifteenth Finance Commission is from:
a) 2017 to 2022
b) 2018 to 2023
c) 2019 to 2024
d) 2020 to 2025
80. Which Finance Commission recommended the establishment of the National Disaster Response Fund (NDRF) and the National Disaster Mitigation Fund (NDMF)?
a) Twelfth Finance Commission
b) Thirteenth Finance Commission
c) Fourteenth Finance Commission
d) Fifteenth Finance Commission
