Question
Which organization was replaced by the Planning
Commission of India?Solution
• The Planning commission was established in March 1950 by an executive resolution of the government of India. • It was established on the recommendation of the Advisory Planning Board 1946. • The Chairman of the Advisory Planning Board was K.C Neogi. • It is a non-constitutional or extra-constitutional body. • That means it is NOT created by the Constitution and NOT created by an act of parliament. • It is the supreme organ of planning for social and economic development. • However, the Planning commission was replaced by NITI Ayog (Policy. commission) from 1/Jan/2015. • It is the think tank of government and has almost the same features and roles of the planning commission.
Calculate the value of 'a' if 'P' initially had Rs. 'a' and invested 45% of this amount in a PF A with a simple interest rate of 35% per annum and the r...
If a sum of money invested on simple interest becomes 4 times of itself at 'R%' p.a. in 6 years, then find the value of '0.4R'.
A sum of money invested at simple interest grows to 13 times its original value in 96 years. Determine the annual rate of interest.
- An amount becomes Rs. 11,520 after 3 years at a simple interest rate of r% p.a. If the rate had been increased to (r + 5)% per annum, the same sum would be...
The interest earned on investing Rs. 1000 for 2 years at the rate of 20% p.a., compounded annually, is used to purchase an article. If the article is la...
Rs. 95Y invested for 2 years at simple interest of 16% p.a., yields an interest of Rs. 3040. If Rs. 115Y is invested for 2 years at compound interest (c...
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2400 after 4 years. If the same amount is investe...
A man invested certain sum at simple interest of r% p.a. such that it amounts to 110% of itself in 4 years. Find the interest earned when Rs. 3400 is in...
- A sum of Rs. 1,500 is invested at a simple interest rate of 10% per annum for 18 months. If the interest earned is Rs. 'q', find the value of (q - 15).
The interest earned when a sum is invested at simple interest of 20% p.a., for 3 years, is Rs. 1500. What will be the total amount received after 2 year...