Planning Commission Setup Year
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Question (English)
In which year was the Planning Commission of India set up?
- 1947
- 1948
- 1950 ✓ Correct
- 1951
Explanation:
Correct Answer Explanation
The Planning Commission was set up in 1950 with the Prime Minister as its Chairperson.
Key Points:
- Established to formulate five year plans for India's economic development.
- The Prime Minister served as its Chairperson.
- India borrowed the concept of five year plans from the former Soviet Union.
- The Industrial Policy Resolution of 1948 and the Directive Principles reflected the socialist outlook.
Why Other Options Are Wrong
- A. 1947: Year of independence, not Planning Commission setup.
- B. 1948: Industrial Policy Resolution year, not Planning Commission.
- D. 1951: First Five Year Plan started, but Commission was set up in 1950.
📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990
This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.
