GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Planning Commission was constituted on?
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15 March, 1948
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15 March, 1949
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15 March, 1950
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15 March, 1951
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Explanation:
Detailed explanation-1: -After India achieved independence, a formal model of planning was adopted, and accordingly the Planning Commission, reporting directly to the Prime Minister of India, was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the Chairman.
Detailed explanation-2: -The Planning Commission of India was established in 1950 with India’s Finance Minister as its Chairman. Q. The Planning Commission was set up in March 1950.
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.
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