Multiple choice

Which is the highest body that approves a five year plan?

  1. Ministry of Finance

  2. Lok Sabha

  3. Rajya Sabha

  4. National Development Council
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The functions of the National Development Council are

  1. to prescribe guidelines for the formulation of the National Plan (five year plan), including the assessment of resources for the Plan
  2. to consider the National Plan as formulated by the Planning Commission
  3. to consider important questions of social and economic policy affecting national development
  4. to review the working of the Plan from time to time and to recommend such measures as are necessary for achieving the aim and targets set out in the National Plan

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