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Which agency in India is responsible for formulating the Five Year Plans?

AReserve Bank of India

BMinistry of Finance

CPlanning Commission (up to 2014)

DNational Development Council

Answer:

C. Planning Commission (up to 2014)

Read Explanation:

The Planning Commission of India, established in 1950, was responsible for formulating India's Five-Year Plans, which were later replaced by the NITI Aayog in 2015 On 15 March 1950 was Planning Commission established in India. The Planning Commission was an institution in the Government of India, which formulated India's Five-Year Plans, among other functions. In 2014, the Narendra Modi government replaced it with the newly formed NITI Aayog to better represent the present needs and aspirations of the people of India. Jawaharlal Nehru was the first Chairman of the Planning Commission.

Related Questions:

നൽകിയിരിക്കുന്ന പ്രസ്താവനകൾ ശ്രദ്ധിച്ചു ശരിയായ ഓപ്ഷൻ തിരഞ്ഞെടുക്കുക.

  1. 1. സാമ്പത്തിക വളർച്ച കൈവരിക്കുക എന്നത് പഞ്ചവൽസര പദ്ധതികളുടെ പ്രധാന ലക്ഷ്യങ്ങളിൽ ഒന്നായിരുന്നു.
  2. 2. രാഷ്ട്രത്തിന്റെ സാമ്പത്തിക വളർച്ചയ്ക്ക് അടിത്തറപാകിയതും തൊരിതപ്പെടുത്തിയതുമായ നിരവധി പദ്ധതികൾ 12 പഞ്ചവൽസര പദ്ധതികളിലൂടെ രാജ്യത്തു നടപ്പിലാക്കി.
    What was a key focus of the First Five Year Plan (1951-1956)?
    The economic reforms were initiated by Narasimha Rao government in?
    Which is the tenth plan period?

    Given below are two statements, one labelled as Assertion (A) and other labelled as Reason (R). Select your answer from the codes given below:

    Assertion (A): The government of india declared “Devaluation of Rupee” to increase the exports of the country.

    Reason (R): Due to the failure of the Third Plan the government was forced to declare “plan holidays” from 1966 to 1967, 1967-68 and 1968-69.