Q1. The Planning Commission has been replaced by which of the following institutions?
A NITI Aayog Correct
B Finance Commission of India
C Investment Commission of India
D National Development Council
Explanation
The Planning Commission was replaced by NITI Aayog, which was set up in 2015 as the Union Government's policy think tank for cooperative federalism and development strategy. The Finance Commission is a constitutional body dealing mainly with fiscal transfers between the Union and the states. The Investment Commission of India was not the institutional successor of the Planning Commission. The National Development Council was linked with planning consultations earlier, but it did not replace the Planning Commission.