Who is the ex-officio Chairperson of NITI Aayog? MCQ with Answer and Explanation

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Who is the ex-officio Chairperson of NITI Aayog?

A. Prime Minister

B. President

C. Vice President

D. Finance Minister

Answer: Option A

Solution (By JKSSB Mock Tests)

The Prime Minister is the ex-officio Chairperson of NITI Aayog.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The concept of 'Subjective Well-Being' in economics refers to:

A. Only physical health indicators

B. Individuals’ own evaluations of their lives, typically measured by surveys of happiness or life satisfaction

C. Only environmental quality

D. Only objective measures of income

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Correct Answer: Option B

Explanation:
Subjective well-being encompasses self-reported measures of happiness, life satisfaction and emotional states, which have become an important complement to traditional objective indicators of welfare.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Index of Industrial Production' in India is released by:

A. Ministry of Statistics and Programme Implementation

B. Ministry of Finance

C. NITI Aayog

D. RBI

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Correct Answer: Option A

Explanation:
IIP is released by MoSPI.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'National Development Council' was constituted in which year?

A. 1969

B. 1956

C. 1952

D. 1950

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Correct Answer: Option C

Explanation:
The National Development Council was constituted in 1952.

This question belongs to: Economy GK Economy Set 1

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