Economic Planning In India And Niti Aayog
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One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
Which body replaced the Planning Commission of India and when was it established?
NITI Aayog (National Institution for Transforming India) replaced the Planning Commission on 1st January 2015.
In which year was India's Planning Commission formally established?
The Planning Commission was established in 1950.
What was the primary function of the Planning Commission of India?
The Planning Commission was responsible for formulating Five-Year Plans, allocating resources among states and sectors, and overseeing plan implementation.
Which Five-Year Plan introduced the Mahalanobis two-sector model of growth?
The Second Five-Year Plan (1956–61) was based on the Mahalanobis model.
How many Five-Year Plans were completed by India before the Planning Commission was dissolved?
India completed 12 Five-Year Plans; the 12th Plan (2012–2017) was the last one before the Planning Commission was replaced by NITI Aayog.
What was the duration of each Five-Year Plan in India?
Each Five-Year Plan spanned a period of five years.
What is the full form of NITI Aayog?
NITI Aayog stands for National Institution for Transforming India Aayog, where 'Aayog' means commission or body in Hindi.
Which Five-Year Plan was called the 'Plan Holiday' period in India?
The years 1966–69 between the Third and Fourth Plans were called Plan Holiday.
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