Indian Polity · Polity
Which of the following represents a key shift in financial-administrative functions following the replacement of the Planning Commission by NITI Aayog?
- 1Mandatory approval by NITI Aayog for all Finance Commission revenue recommendation reports.
- 2Transfer of tax revenue allocation powers from the Finance Commission to NITI Aayog.
- 3Separation of policy planning from financial devolution, leaving financial distribution primarily to the Finance Commission.✓
- 4Centralization of all capital grants directly within the Prime Minister's Office.
Correct answer
Separation of policy planning from financial devolution, leaving financial distribution primarily to the Finance Commission.
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