GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the final authority in India to approve Five Year Plan?
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Union Council of Ministers
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Planning Commission
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Prime Minister
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None of these
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Explanation:
Detailed explanation-1: -National Development Council is the final approval authority for the five year plans . It is presided over by the Prime Minister and constitutes the Union Cabinet Ministers, Chief Ministers or representatives of all states and Union territories and members of the NITI Aayog.
Detailed explanation-2: -The Supreme Court is the final authority for the interpretation of the Constitution. No worries!
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.