The Planning Commission was set up in which year?
A1951
B1956
C1950
D1947
Answer & Solution
Correct answer: C. 1950
1. The Industrial Policy Resolution came in 1948.
2. The Planning Commission was formed in 1950.
3. The era of five year plans began.
_Source: NCERT Class 11 Indian Economic Development, Chapter 2, Indian Economy 1950-1990._
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