Planning Commission and NITI Aayog

51. The Planning Commission of India was established in the year:
a) 1947
b) 1950
c) 1955
d) 1962

52. The first Chairman of the Planning Commission of India was:
a) Jawaharlal Nehru
b) Rajendra Prasad
c) C. Rajagopalachari
d) Vallabhbhai Patel

53. The main objective of the Planning Commission was to:
a) Formulate and implement economic policies
b) Promote industrial growth
c) Achieve balanced economic development
d) All of the above

54. The Planning Commission used to prepare:
a) Annual plans
b) Five-Year Plans
c) Ten-Year Plans
d) Long-term Development Plans

55. The first Five-Year Plan in India was launched in the year:
a) 1947
b) 1950
c) 1951
d) 1955