Correct option is A
The correct answer is option (a): 1st January 2015
Explanation:
Formation of NITI Aayog:
The NITI Aayog (National Institution for Transforming India) was constituted on 1st January 2015.
It replaced the Planning Commission, which was established in 1950.
Why NITI Aayog Was Formed:
- To better align India’s planning process with the changing needs of the country.
- To promote cooperative federalism by involving states in policy-making.
- To focus on achieving sustainable development goals.
Key Objectives of NITI Aayog:
- Foster cooperative federalism by engaging with state governments.
- Act as a think tank for innovative policy ideas.
- Monitor and evaluate the implementation of government programs.
- Drive initiatives for digital India, startups, and infrastructure development.