Correct option is B
The correct answer is (b) National Institution for Transforming India
Explanation:
● NITI Aayog replaced the Planning Commission on Jan 1, 2015.
● It works as a policy think-tank of the Government of India.
Information Booster:
● The Prime Minister of India serves as the Ex-officio Chairperson.
● It operates on the principle of Cooperative Federalism.
Objective: NITI Aayog's primary objective is to foster sustainable and inclusive development in India by promoting cooperative federalism and providing a platform for the participation of state governments in policymaking.
Structure: It is headed by the Prime Minister of India. The Vice-Chairman is the second-in-command, supported by full-time members, including experts from various sectors.