Question

In which of the following years was the Planning Commission of India constituted?
1. 1948
2. 1950
3. 1949
4. 1947

Answer 1

Correct Answer - Option 2 : 1950

The correct answer is 1950.

• In India, the Planning Commission was responsible for drafting Five-Year Plans.
• In 1950, the planning commission was established.
• The planning commission serves as an advisory body..
• New Delhi is home to the Planning Commission's headquarters.
• It was founded on the advice of an advisory planning board, which was chaired by K. C. Niyogi.
• The planning idea was based on Joseph Stalin's introduction of the Russian model.
• The Prime Minister is the chairman of the planning commission.
• The first chairman of the Planning Commission was Jawaharlal Nehru.
• Gulzarilal Nanda was the Planning Commission's first deputy chairman.
• The Planning Commission was abolished by the Narendra Modi government in 2014.
• In 2014, the Planning Commission was superseded by the NITI Aayog, a newly established body.