BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which statement is correct for the Planning Commission of India?
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It is not defined in Indian Constitution
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Its members and Deputy Chairman do not have any fixed working duration
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Its members do not require any minimum qualification.
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All above are true
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Explanation:
Detailed explanation-1: -The Planning Commission was set up in 1950 with the Prime Minister as its Chairperson. It started the era of five-year plans. The goals of the five-year plans were growth, modernization, self-reliance, and equity.
Detailed explanation-2: -Hence, Planning Commission was a statutory body is an incorrect statement.
Detailed explanation-3: -Planning Commission, agency of the government of India established in 1950 to oversee the country’s economic and social development, chiefly through the formulation of five-year plans.
There is 1 question to complete.