MasteryExams
Economics • Indian EconomyEasy

Which of the following bodies replaced the erstwhile Planning Commission of India to foster cooperative federalism and policy think-tank functions?

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

💡 Solution & Explanation

NITI Aayog was established on January 1, 2015, replacing the Planning Commission to foster cooperative federalism and act as the premier governmental policy think-tank. Wrong choices like the Finance Commission are constitutional bodies tasked with distributing tax revenues between the Centre and states.

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