Which of the following was called as Economic cabinet of India by Ashok Chandra?

Q. Which of the following was called as Economic cabinet of India by Ashok Chandra?

1. Planning Commission
2. Finance Commission
3. Central Cabinet
4. Administrative Reform Comission

Answer: Planning Commission

The Planning Commission was established in March 1950 by an executive resolution of the Government of India, on the recommendation of Advisory Planning Board constituted in 1946, under the chairmanship of K C Neogi.The Planning Commission is neither a constitutional body nor a statutory body. Scholars also call it as a non-constitutional body as it was not created by the Constitution and a non statutory body as it was not created by an act of parliament. Till the end of 2014 it is the supreme organ of planning for social and economic development.