SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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NO.11 WHEN WAS PLANNING COMMISSION ESTABLISHED
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25 MARCH 1951
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15 MARCH 1951
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5 MARCH 1951
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20 MARCH 1951
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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 formed under the chairmanship of Pandit Jawaharlal Nehru in 1950. Its sole purpose was to design and recommend policies for India’s growth and development.
Detailed explanation-3: -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.
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