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    Question

    Which of the following statements is/are correct in regards to The Planning Commission?

    1. Established in March 1950
    2. Extra constitutional Statutory body
    3. Replaced by Niti Aayog
    4. Serves as an advisory body

    A 1 & 2 Correct Answer Incorrect Answer
    B 1, 2 & 3 Correct Answer Incorrect Answer
    C 1, 3 & 4 Correct Answer Incorrect Answer
    D 3 only Correct Answer Incorrect Answer
    E All Correct Answer Incorrect Answer

    Solution

    The Planning Commission was established by a resolution of the Government of India in March 1950 as an extra-constitutional and non-statutory body. It served as an advisory body to the Indian government on a variety of economic development concerns. It was chaired by the Prime Minister, who served as an ex-officio member. It was dissolved in 2014, and NITI Aayog took its place.

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