Read the following passage carefully and answer the five questions that follow: After independence, a Planning Commission based on a socialist model was formed for the planned development of India. But in the era of globalization, especially in the 21st century, it was becoming ineffective and irrelevant, particularly in terms of coping with the pressing challenges of development. Hence, during his Independence Day speech on 15 August 2014, Prime Minister Narendra Modi talked about the abolition of the Planning Commission. NITI Aayog was constituted in place of the Planning Commission on 1 January 2015 with the objective of providing the necessary and technical advice to the Union Government.
Which of the following statements is correct about NITI Aayog?
NITI Aayog is a Think Tank of Government of India
The correct statement about **NITI Aayog** is that it is a **think tank of the Government of India**. It was established on **1 January 2015** as a **policy advisory body**, replacing the Planning Commission.
Important Questions from Planning and Development
Assertion (A): The first five-year plan preached patience.
Reason (R): The second five-year plan brought quick structural transformation.
Who is the author of 'Economy of Permanence'?
Who made efforts to spread education in Madras province and introduced the mid-day meal scheme for school children?
The Government of India replaced the Planning Commission with a new institution, NITI Aayog. When did NITI Aayog come into existence?
Which scheme was introduced by the present government to ensure health and safety of women by providing clean fuel for cooking?
