What is full form of NITI Aayog which of the following is replaced planning commission

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	National independent transformation institute
B	New Institution for Transforming India
C	National Institute for Transforming India
D	None of the above

Explanation:

Detailed explanation-1: -On 1 January 2015, a Cabinet resolution was passed to replace the Planning Commission with the newly formed NITI Aayog (National Institution for Transforming India).

Detailed explanation-2: -In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to dissolve the Planning Commission. It has since been replaced by a new institution named NITI Aayog.

Detailed explanation-3: -NITI Aayog, National Institution for Transforming India, Government of India.

Detailed explanation-4: -NITI Aayog is basically a think-tank or an advisory body. The Planning Commission had the power to impose policies on States and for the projects approved by the Planning Commission. The powers for the allocation of funds have not been given to the NITI Aayog.

Detailed explanation-5: -Ans. Niti Aayog was set up on 1st January 2015 after the announcement made by Narendra Modi the Prime Minister of India, the motive behind setting up NITI Aayog was to have a body that can provide proper and critical strategies and directions in which the development process can take place.

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