In which of the following years was the Planning Commission of India set up?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 1950.
- The Planning Commission, an agency of the government of India, was established in the year 1950, to oversee the country's economic and social development, chiefly through the formulation of Five-year plans.
- It was however, dissolved on 13 Augusr, 2014 and replaced by NITI Aayog.