Question

Planning commission was set up in ______________.

• A. March, $1947$
• B. March, $1950$
• C. March, $1948$
• D. None of the above

Answer 1

The correct option is B March, $1950$

Planning Commission of India was a non-constitutional and non-statutory body, which was responsible to formulate India’s five years plans for social and economic development in India. Prime minister of India is the Ex-officio chairman of the planning commission. It was established on 15 March, 1950 in accordance with article 39 of the constitution which is a part of directive principles of state policy.