Single correct option
Consider the following statements:
1. The Finance Commission is a statutory body created by an Act of Parliament.
2. The Prime Minister is the Chairperson of the NITI Aayog.
Which of the statements given above is/are correct?
1. The Finance Commission is a statutory body created by an Act of Parliament.
2. The Prime Minister is the Chairperson of the NITI Aayog.
Which of the statements given above is/are correct?
- A. 1 only
- B. 2 only
- C. Both 1 and 2
- D. Neither 1 nor 2
Show answer and solution
Answer: (B) 2 only
Statement 1 is wrong because the Finance Commission is a constitutional body established under Article 280 and appointed every five years by the President. Statement 2 is correct: NITI Aayog, which replaced the Planning Commission on 1 January 2015, is chaired by the Prime Minister.
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