Which government policy think tank, established on 1 January 2015, replaced the Planning Commission that had overseen India's Five-Year Plans since 1950?

• A Finance Commission
• B NITI Commission
• C Economic Advisory Council
• D NITI Aayog ✓

NITI Aayog (National Institution for Transforming India) replaced the Planning Commission in 2015, shifting from centralised planning to cooperative federalism.