WBCS.LIVE practice question

The 'NITI Aayog' was formed on:

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 1st January 2014
  2. 1st January 2015
  3. 1st April 2015
  4. 15th August 2014

Correct answer and explanation

Correct answer: 1st January 2015

Explanation: āœ… Correct Answer: (B) 1st January 2015 šŸ“š Explanation: NITI Aayog (National Institution for Transforming India) was established by a resolution of the Union Cabinet on January 1, 2015. It replaced the 65-year-old Planning Commission. Unlike the Planning Commission, which followed a top-down model, NITI Aayog emphasizes 'Cooperative Federalism' by involving State Governments in the economic policy-making process. The Prime Minister serves as its Chairperson.