Which among the following bodies embody the principle of cooperative federalism in its working 1 nbs...........

Indian Polity Centre - State Relations

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Which among the following bodies embody the principle of cooperative federalism in its working?

1. Monetary Policy Committee

2. GST Council

3. NITI Ayog

Select the correct answer using the code given below.

1 and 2 only

2 and 3 only

1 and 3 only

1, 2 and 3

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Explanation:

Cooperative federalism refers to participation of both Union and Federal units in the governance of the country in a cooperative manner.

In the recently established GST Council, decisions are taken jointly by Union Government and State Governments. NITI Aayog also enables participation and support to state governments in the development and governance activities. It brings States together in national interest, and thereby fosters Cooperative Federalism.

On the other hand, Monetary Policy Committee is a committee of the Central Bank in India which is entrusted with the task of fixing the benchmark policy interest rate. It has participation from central government and RBI and does not involve state governments