In which of the following years was the 'National Institution for Transforming India' established?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 2015.
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NITI Aayog (National Institution for Transforming India) was established on 1st January 2015.
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It serves as the premier policy think tank of the Government of India, providing strategic and directional inputs for national development.
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NITI Aayog was created to replace the erstwhile Planning Commission, which was discontinued in 2015.
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Unlike the Planning Commission, NITI Aayog focuses on cooperative federalism and evidence-based policymaking rather than Five-Year Plans, which were discontinued after its formation.
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Prime Minister Narendra Modi serves as the Chairman, and Parameswaran Iyer is the Chief Executive Officer (CEO) of NITI Aayog.