In which year was the Planning Commission established?
Answer and explanation
Correct answer: 1950
The Planning Commission was established by a resolution of the Government of India in March 1950. It was an extra-constitutional advisory body that formulated Five Year Plans and assessed resources and development priorities. It was replaced by NITI Aayog in 2015. The other years relate to different historical events, so 1950 is correct.
Frequently asked questions
What is the correct answer to this question?
1950
Why is this the correct answer?
The Planning Commission was established by a resolution of the Government of India in March 1950. It was an extra-constitutional advisory body that formulated Five Year Plans and assessed resources and development priorities. It was replaced by NITI Aayog in 2015. The other years relate to different historical events, so 1950 is correct.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: Indian Economy (1950–1990).