Question
Consider the following statements regarding National
Institution for Transforming India (NITI) Aayog:        I.           It does not possess a mandate to impose policies.      II.           It can allocate funds, which are vested in Finance Minister.    III.           It replaced the Planning Commission on 1st January, 2015. Which of the above statements is/are correct?Solution
National Institution for Transforming India (NITI) Aayog is the apex public policy think tank of the Government of India. It replaced the Planning Commission on 1st January, 2015 with emphasis on ‘Bottom –Up’ approach to envisage the vision of Maximum Governance, Minimum Government, echoing the spirit of ‘Cooperative Federalism’. Its ex-officio Chairperson is the Prime Minister and Vice-Chairperson is appointed by him. Governing Council: Chief Ministers of all states and Lt. Governors of Union Territories. It does not have powers to allocate funds, which are vested in Finance Minister.
Which Indian player won the gold medal in the Under-20 Asian Athletics Championships?
Prime Minister Narendra Modi was honored with the Dr. Martin Luther King Jr. Global Peace Award for which contribution?
What is the 'Best Airport Staff in India & South Asia 2024' award received by GMR Hyderabad International Airport based on?
What major infrastructure event is India set to host in September 2024?
Who serves as the CEO of Reliance General Insurance Company, which has launched "Reliance Health Global," a healthcare policy aimed at making global hea...
Which bank won the top position in the overall digital transactions amongst large banks for the financial year 2020-21?
How is Dhanpat Rai Srivastava better known as?
- Who became the youngest WTA 1000 champion after winning the Dubai Championships in 2025?
“Sunrise over Ayodhya – Nationhood in our Times” a book by which Indian Author?
National Payments Corporation introduces ______ App open-source license model to regulated entities that do not have a UPI app of their own?