Which of the following statements regarding the Planning Commission of India is/are correct?

The Planning Commission of India was established in 1951.

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The role of the Planning Commission of India was to provide a basic framework for economic development.

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The Planning Commission of India was chaired by the Finance Minister.

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The Five-Year Plans were designed by the Planning Commission of India.

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Solution

The correct option is D The Five-Year Plans were designed by the Planning Commission of India.
The Planning Commission of India was established in 1950. The Prime Minister used to be the chairman of this commission. Its main role was to provide a basic framework for economic development. This framework was designed in the form of the Five-Year Plans.

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