Question

Which of the following best describes the core objective of the NITI Aayog?

  1. Allocate funds to different ministries.
  2. Prepare Five-Year Plans.
  3. Foster cooperative federalism and be a 'think-tank' for the government.
  4. Regulate the banking sector.

Answer:

Option C: Foster cooperative federalism and be a 'think-tank' for the government.

Detailed Solution:

The correct answer is “Foster cooperative federalism and be a 'think-tank' for the government.”.

NITI Aayog aims to foster cooperative federalism and act as a 'think-tank' to provide strategic and technical advice to the government.