All Exams Test series for 1 year @ ₹349 only
Question

Given below are two statements:

Statement I: NITI Aayog, a policy think-tank of Gol, is a statutory body.

Statement II: In NITI Aayog, the acronym NITI stands for National Insti-tute for Technology Initiatives.
In the light of the above statements, choose the correct answer from the options given below: 

The correct answer is

Both Statement I and Statement II are false.

Analyzing NITI Aayog Statements on Statutory Status and Acronym

Let's carefully examine each statement provided regarding NITI Aayog.

Statement I Analysis: NITI Aayog as a Statutory Body

Statement I claims that NITI Aayog is a statutory body. A statutory body is an organization that is established by a specific Act of Parliament or State Legislature. Examples include the Securities and Exchange Board of India (SEBI) or the Reserve Bank of India (RBI), which were established by acts of law.

NITI Aayog, which stands for National Institution for Transforming India, was established on January 1, 2015. It replaced the Planning Commission. However, NITI Aayog was constituted by a Union Cabinet resolution, not by an Act of Parliament. Therefore, it is considered an executive body or an extra-constitutional body, but not a statutory body.

Based on this, Statement I is false.

Statement II Analysis: Full Form of NITI Acronym

Statement II provides the full form of the acronym NITI as "National Insti-tute for Technology Initiatives".

The official and correct full form of NITI in NITI Aayog is National Institution for Transforming India.

Comparing the stated full form ("National Insti-tute for Technology Initiatives") with the correct full form ("National Institution for Transforming India"), it is clear that Statement II is incorrect.

Based on this, Statement II is false.

Conclusion on NITI Aayog Statements

Based on the analysis of both statements:

  • Statement I: NITI Aayog is a statutory body (False)
  • Statement II: NITI stands for National Insti-tute for Technology Initiatives (False)

Therefore, both Statement I and Statement II are false.

Let's look at the provided options:

  1. Both Statement I and Statement II are true. (Incorrect)
  2. Both Statement I and Statement II are false. (Correct)
  3. Statement I is true but Statement II is false. (Incorrect)
  4. Statement I is false but Statement II is true. (Incorrect)

The analysis shows that the second option correctly identifies both statements as false.


Revision Table: Key Facts about NITI Aayog

Aspect Detail
Establishment Date January 1, 2015
Replaced Planning Commission
Formation Method Union Cabinet Resolution
Body Type Executive / Extra-Constitutional (Not Statutory) Full Form of NITI National Institution for Transforming India

Additional Information on NITI Aayog Structure and Purpose

NITI Aayog serves as a policy think-tank for the Government of India, providing directional and policy inputs. It acts as an advisory body and aims to foster cooperative federalism by involving State Governments in the economic policy-making process.

Key features of NITI Aayog:

  • Composition: Includes the Prime Minister as the Chairperson, a Vice-Chairperson (appointed by the PM), full-time members, part-time members, and ex-officio members (Union Ministers). State Chief Ministers and Lieutenant Governors of Union Territories constitute the Governing Council.
  • Objectives: To evolve a shared vision of national development priorities, foster cooperative federalism, design strategic and long-term policy frameworks, and provide a platform for resolution of inter-sectoral and inter-departmental issues.
  • Difference from Planning Commission: Unlike the Planning Commission, which had powers to allocate funds, NITI Aayog is primarily a policy advisory body and does not have financial allocation powers in the same manner. It focuses more on a 'bottom-up' approach to planning compared to the 'top-down' approach of the Planning Commission.

Understanding the nature and function of bodies like NITI Aayog is crucial for comprehending the governance structure in India.

Was this answer helpful?

Important Questions from Conventional

  1. Which of the following education commissions of India noted that - "It is obvious that if higher education is not radically improved, our administration and technical progress, our intellectual standards and social advance, will all be most seriously handicapped" ?
  2. An Inter-University Center for Yogic sciences has been set up by University Grants Commission in the state of

  3. Given below are two statements

    Statement I: The National Assessment and Accreditation Council (NAAC) is a constituent unit of UGC.

    Statement II: National Board of Accreditation (NBA) was established by UGC with the purpose of evaluating technical programs.

    In light of the above statements, choose the correct answer from the options given below

  4. Prakrit languages have similarities and differences with Sanskrit in many ways, Prakrit languages when formalized for literary use their variation from conventional vedic languages was

  5. Arrange the following in chronological sequences from the beginning to the last as per the year of their establishment

    (A) Indira Gandhi National Open University

    (B) Karnataka State Open University

    (C) Yashwantrao Chavan Maharashtra Open University

    (D) Nalanda Open University

    (E) Dr. B.R. Ambedkar Open University (Andhra Pradesh)

    Choose the correct answer from the options given below:

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App