MasteryExams
Economics • Indian EconomyEasy

Which of the following bodies replaced the erstwhile Planning Commission of India?

A. Finance Commission
B. National Development Council
C. NITI Aayog✓ Correct Answer
D. National Statistical Commission

💡 Solution & Explanation

NITI Aayog, established on January 1, 2015, replaced the decades-old Planning Commission to foster cooperative federalism and involve states in economic policy-making. The Finance Commission is a constitutional body established under Article 280 to recommend tax revenue sharing between the center and states.

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