Consider the following statements and identify the right ones.
i. The 14th finance commission is headed by C. Rangarajan
ii. The recommendations of the commission will come into effect from April, 1, 2015
i only
ii only
both
none
Explanation:
The 14th finance commission was appointed in 2013. It is headed by Y V Reddy.
The 14th finance commission was appointed in 2013. It is headed by Y V Reddy.