NITI Aayog was set up on 1 January 2015. Which of the following is true of it?
- AIt is neither a constitutional nor a statutory body
- BIt was created by an Act of Parliament
- CIts chairperson is the Union Finance Minister
- DIt is a constitutional body under Article 280
Show answer and explanation
Correct answer: (a) It is neither a constitutional nor a statutory body
Explanation
NITI Aayog (National Institution for Transforming India) was set up by an executive resolution. The Prime Minister is its chairperson. It replaced the Planning Commission.