Question:

Choose the correct full form of 'NITI' of NITI Aayog.

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NITI Aayog's primary role is to serve as a directional and policy think tank. Unlike the old Planning Commission, it does not have the power to allocate central financial funds to states.
  • National Improvement Trust of India
  • National Institution for Technology Improvement
  • National Institute for Transformed India
  • National Institution for Transforming India
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The Correct Option is D

Solution and Explanation

Step 1: Introduction to NITI Aayog:
The National Institution for Transforming India (NITI Aayog) is a policy think tank established by the Government of India on January 1, 2015, to replace the 65-year-old Planning Commission of India.

Step 2: Understanding its Mandate:

Unlike the top-down planning approach of the old Planning Commission, NITI Aayog is built on the core principles of cooperative federalism, encouraging a bottom-up model where state governments participate actively in national economic planning. The Prime Minister of India serves as its ex-officio Chairperson.

Step 3: Analyzing the Full Form:

The correct full form of the acronym “NITI” is National Institution for Transforming India. This corresponds to Option (D).
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