Question
Download Solution PDFIn which of the following years was the Planning Commission of India set up?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 1950.
Key Points
- The planning commission was an institution that formulated Five-Year Plans in India.
- The planning commission was set up in 1950.
- The planning commission is only an advisory body.
Additional Information
- The headquarters of the Planning Commission is located in New Delhi.
- It was established on the recommendation of an advisory planning board under the chairmanship of K. C. Niyogi.
- The concept of planning was based on the Russian model introduced by Joseph Stalin.
- The Prime Minister is the chairman of the planning commission.
- Jawaharlal Nehru was the first chairman of the planning commission.
- The Deputy Chairman of the planning commission was appointed by the Union Cabinet.
- Gulzarilal Nanda was the first deputy Chairman of the Planning Commission.
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