6. Lokpal
CJI/SC Judge / Emnnt personlty
50% SC ST OBC
WOMEN
Judicial
members
Must n
• MP
pan
• <45
• Imm
• Dism
7. 5
MPC -RBI
1
4
3
6
irst monetary
India –
nta Das
charge of
ficio - [Viral V
of India to be
– Member,; -
ian Statistical
hi School of
or, Indian
dabad –
, will hold
the date of
2
Other
instiutions
RBI
Chairperson,
In charge
Nominated by Govt
8. Names and addresses of the Central Board of Directors of the Reserve Bank of
India
1. Shri Shaktikanta Das
Governor
@10. Shri Natarajan
Chandrasekaran
2. Shri N. S. Vishwanathan
Deputy Governor
@11. Shri Bharat Narotam Doshi
3. Dr. Viral V. Acharya
Deputy Governor
@12. Shri Sudhir Mankad
4. Shri B.P. Kanungo
Deputy Governor
@13. Dr. Ashok Gulati
5. Shri Mahesh Kumar Jain
Deputy Governor
@14. Shri Manish Sabharwal
*6.
Dr. Prasanna Kumar
Mohanty
@15. Shri Satish Kashinath
Marathe
*7. Shri Dilip S. Shanghvi @16. Shri Swaminathan Gurumurthy
*8. Ms. Revathy Iyer #17. Shri Subhash Chandra
Garg
*9. Prof. Sachin Chaturvedi
#18. Shri Rajiv Kumar
11. NHRC
As on mar 19
ChairmanRtd CJI KS Kehar
1is/ex SC Judge Pinaki c ghose
1is/ex CJ HC Murugasen
1+1 Spclist
4Natnl commsn
12. UPSC
Term end
7 July 2020
12 May 2021
19 February
2021
14 February
2022
29 March 2022
7 27 March 2023
21 September
2023
15 May 2023
14 November
2022
Present
No EXACT MENTIONED
14. Finance commission
S.
no.
Name
1
Nand Kishore
Singh
— Shaktikanta Das[a]
2
Prof. (Dr.) Anoop
Singh
3 Dr. Ashok Lahiri[b]
4
Prof. (Dr.) Ramesh
Chand
Year
of
planni
ng Year
FC
2012 2012--2013
2013 2013--2014
2014 2014--2015
2015 2015--2016
14th
2016 2016--2017
2017 2017--2018
2018 2018--2019
2019 2019--2020
2020 2020--2021
15th
2021 2021--2022
2022 2022--2023
2023 2023--2024
2024 2024--2025
Art 280
15. Need for Finance Commission under Art 280
• It can be seen that the financial powers allocated to the states is not commensurate with the
functions
allocated to them. This leads to vertical imbalances in the finances of the Union and States.
Similarly,
there are differences in the financial capacity of the individual state governments which arises due
to
different levels of development.This can be considered to be horizontal imbalances among the
different states in India.
• The Finance Commission has been envisaged in order to address the vertical and horizontal
imbalances in the finances. The Finance Commission provides for a transfer of finances from the
centre to the states (Vertical Devolution of taxes).It also provides for allocation of the states' share
of
taxes among the states in India (Horizontal Devolution of taxes).
• For example, the 14th FC has provided that 42% of the taxes should be devolved to the states.
For the
horizontal devolution of taxes, it has adopted various parameters such as Population (1971
Census),
Demographic Change (Population 2011 Census), Area of the State, Forest Cover, Income Distance.
(The highest weight is assigned to income distance, which is defined as the distance of actual per
capita income of a state from the state with the highest per capita income. The farther a state is
from the highest per capita state, the more transfers it will get from tax devolutions. )
16. 4
Law commission
3
2 5
9
8
7 10 11
6
1
an
er
er
er
cretary
Ex-
)
Ex-
)
Part-
Part-
Part-
Year of
planning Year
FC
2012 2012--2013
2013 2013--2014
20th
2014 2014--2015
2015 2015--2016
21st
2016 2016--2017
2017 2017--2018