NITI Aayog replaced the 'Planning Commission' in India. 'NITI' stands for:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → National Institution for Transforming India
NITI Aayog (National Institution for Transforming India) replaced the Planning Commission on 1 January 2015. It is the Government of India's policy think tank: instead of drawing up Five Year Plans and allocating funds, it advises the Centre and the states and promotes cooperative federalism. The Prime Minister is its chairperson.