Discussion
NITI Ayog replaced Planning Commission with effect from
Answer: B
NITI Aayog replaced the Planning Commission with effect from 1st January, 2015.
The National Institution for Transforming India (NITI Aayog) was set up by a Union Cabinet resolution of 1 January 2015, replacing the Planning Commission that had existed since 1950. The Prime Minister is its chairperson.
The decision to wind up the Planning Commission was announced on 15 August 2014, which explains the 2014 and 15 August options, but the new body came into being on 1 January 2015, not in July or April.
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