Correct option is B
The main focus of the first Five Year Plan of India was Development of the primary sector with a focus on agriculture.
· The first Five Year Plan, which commenced in 1951, emphasized the development of agriculture as a primary objective. It aimed to increase agricultural production, improve irrigation facilities, and boost the overall growth of the agricultural sector.
· The plan recognized the importance of agriculture in the Indian economy and sought to address the food security and livelihood needs of the country's population.
· The Planning Commission of India was formed on 15 March 1950. It formulated the Five-Year Plans of India. On 17 August 2014, it was dissolved and replaced by the NITI Aayog.
· The chairman of the Planning Commission was the Prime Minister ex-officio
· The 12th Five Year Plan was going on from 2012 to 2017.
· The NITI Aayog was formed on January 1, 2015.
· NITI stands for “National Institution for Transforming India”. It is basically a think-tank or an advisory body.
· Its function is to foster cooperative federalism through structured support initiatives and mechanisms with the States on a continuous basis, recognizing that strong States make a strong nation.
· Dr. Suman K Bery has been appointed new Vice Chairperson of NITI Aayog.
· Arvind Panagariya was appointed as the first vice-chairman of the Niti Aayog in 2015.