GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Planning Commission was set up in ____
A
1948
B
1950
C
1951
D
1952
Explanation: 

Detailed explanation-1: -The Planning Commission of India was formed on 15 March 1950. It formulated the Five-Year Plans of India. On 17 August 2014, it was dissolved and replaced by the NITI Aayog.

Detailed explanation-2: -The planning commission was charged with the service of the opportunities to all for employment in the service of the community. The Planning Commission was reporting directly to the Prime Minister of India. It was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the chairman.

Detailed explanation-3: -In 1950, the Government set up a Planning Commission to help, design and execute suitable policies for economic development.

There is 1 question to complete.