Who was the Chairperson of the Planning Commission when it was formed?
Show answer & explanation
Correct answer: A
Explanation
Formation of the Planning Commission -
The Planning Commission was formed on March 15, 1950, as a non-constitutional, advisory body for economic planning in India.
Chairmanship: The Planning Commission was chaired ex-officio by the Prime Minister. Since Pandit Jawaharlal Nehru was the Prime Minister of India at the time of its formation, he became its first Chairman.
First Vice Chairman: Gulzarilal Nanda was appointed the first Deputy Chairman of the Planning Commission.
Objective: To assess the country's resources and prepare Five Year Plans for their balanced use.