Question : Beginning from the Financial Year 2017-18 NITI Aayog plans to replace the Five-Year plans with which of the following?
Option 1: 5-year Vision Document
Option 2: 10-year Vision Document
Option 3: 15-year Vision Document
Option 4: 20-year Vision Document
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Correct Answer: 15-year Vision Document
Solution : The correct answer is a 15-year Vision Document .
With effect from April 1, 2017, the NITI Aayog, which previously served as the Planning Commission in the Modi Cabinet, has taken over. A three-year action plan was substituted for the outdated five-year plans, and it will be incorporated into two other documents: a 15-year vision statement and a seven-year strategy paper.
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