Q. Consider the following statements regarding NITI Aayog:
1.It replaced the Planning Commission.
2.It came into effect on 02nd October 2014.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:

Explanation: On the 13th of August 2014, the Modi Government scrapped the 65- year-old Planning Commission and announced that it would be replaced by a new body.

Accordingly, on January 1, 2015, the NITI Aayog (National Institution for Transforming India) was established as the successor to the planning commission.

Source: Laxmikanth’s Polity

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