Which of the following events happened in 1950?
Show answer & explanation
Correct answer: D
Explanation
The correct answeris option 4 i.e. The Planning Commission was set up.
- In order to create and supervise the execution of the nation's five-year plans for economic growth, the Planning Commission of India was founded in 1950.
- In order to address important challenges including poverty, industrialisation, and infrastructure development, it was established to support a planned and methodical approach to national economic progress.
- Before the NITI Aayog took its position in 2015, the Planning Commission was essential in India's development.