GS2 · Constitutional bodies

T. Rabi Sankar joins 16th Finance Commission

7 June 20251 min readFinance Commission

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Battle IAS current affairs title card: T. Rabi Sankar joins 16th Finance Commission (GS2 · Constitutional bodies, 7 June 2025)

Asked by UPSCPrelims 20121 PYQ

UPSC has already asked about this. Read the story with these questions in mind.

Prelims 2012According to the Constitution of India, it is the duty of the President of India to cause to be laid before the Parliament which…Solve with answer

What happened

RBI Deputy Governor T. Rabi Sankar was appointed part-time Member of the 16th Finance Commission after Ajay Narayan Jha resigned [PIB].
The XVIFC, chaired by Dr Arvind Panagariya, was constituted on 31 December 2023 and must report by 31 October 2025 [PIB].

Background

Its award covers five years from 1 April 2026 [PIB].

Why it matters

FC awards set the vertical and horizontal split of taxes.

How to use this in Mains

GS-II Constitutional posts, powers and functions

As per PIB (2025-06-07): RBI Deputy Governor T. Rabi Sankar was appointed part-time Member of the 16th Finance Commission after Ajay Narayan Jha resigned.
FC awards set the vertical and horizontal split of taxes.

Quotable data point
The XVIFC, chaired by Dr Arvind Panagariya, was constituted on 31 December 2023 and must report by 31 October 2025.
PIB: 16th FC appointment, 7 Jun 2025

Exam angle

UPSC

Prelims: 16th FC.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

Chairman of the 16th Finance Commission

Answer (b) & explanation

PIB.

Go deeper

ExplainerFinance Commission of India (Article 280): Composition, Functions, Devolution Criteria and the 16th Finance Commission (UPSC Notes + PYQs)

Official source: PIB: 16th FC appointment, 7 Jun 2025

facts from cited sources only; faculty review pending