Which one of the following is the correct sequence of formation of the Commissions starting from the earliest?

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Q: (CDS-I/2020)
Which one of the following is the correct sequence of formation of the Commissions starting from the earliest?

question_subject: 

Polity

question_exam: 

CDS-I

stats: 

0,76,71,24,76,41,6

keywords: 

{'planning commission': [5, 0, 9, 5], 'investment commission': [0, 0, 2, 0], 'finance commission': [8, 1, 3, 1], 'election commission': [9, 1, 1, 6], 'commissions': [1, 0, 2, 4], 'formation': [2, 1, 10, 19]}

The correct sequence of the formation of the Commissions starting from the earliest is as per option 2. For better understanding, here is a little more information on each.

1. Election Commission: This was the first Commission set up, established in 1950. The main task of this Commission is to oversee elections in India.

2. Planning Commission: Established in 1950, shortly after the Election Commission. This Commission aimed to effectively use India`s resources and guide economic policy. However, it was replaced by the NITI Aayog in 2015.

3. Finance Commission: This was set up post the Planning Commission in 1951 under constitutional obligation. Its main function is advising the president on distribution of resources among the centre and states.

4. Investment Commission: This was formed much later in 2004 to attract more domestic and overseas investors to India.

Therefore, the correct chronological order of commission set up is Election Commission, Planning Commission, Finance Commission, and then Investment Commission.