Question

Planning Commission was assigned the task of formulating ____________.

• A. a plan for most effective and balanced utilization of the country's resources
• B. a plan for most effective and balanced in population growth for different regions in country
• C. a plan for globalization of private banks of the country
• D. all of above

Answer 1

The correct option is A a plan for most effective and balanced utilization of the country's resources

Planning Commission was assigned the task of formulating a plan for most effective and balanced utilization of the country's resources.Planning Commission was an institution which was set up on 15th March, 1950 by a Resolution of the Government of India in order to Formulate and regulate India's Five year Plans.The principal task of the Planning Commission is to formulate the five-year plans.At the union the role of Planning Commission is crucial.