The 14th Finance Commission was constituted in January 2014. Commissions chairman was former RBI governor Y V Reddy and its members were Sushma Nath, M. Govinda Rao, Abhijit Sen, Sudipto Mundle.
In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.