Which institution was replaced by NITI Aayog in 2015, and what differentiates NITI Aayog from its predecessor?
RBI (Reserve Bank of India) - Focus on monetary policy
Indian Parliament - Focus on legislative matters
Planning Commission - Emphasis on cooperative federalism and innovation
Election Commission - Focus on conducting elections
In 2015, NITI Aayog replaced the Planning Commission. The key difference is that while the Planning Commission followed a centralized planning approach, NITI Aayog promotes cooperative federalism, involving states in policy formulation and decision-making. NITI Aayog also focuses on fostering innovation and sustainable development, making it distinct from its predecessor. hence option c.