Correct Option: B

The National Development Council (NDC) or the Rashtriya Vikas Parisad is the apex body for decision making and deliberations on development matters in India, presided over by the Prime Minister. It was set up on 6 August 1952 to strengthen and mobilize the effort and resource of the nation in support of the plan, to promote common economic policies in all vital spheres, and to ensure the balanced and rapid development of all parts of the country. The Council comprises the Prime Minister, the Union Cabinet Ministers, Chief Minsters of all States of their substitutes, representatives of the Union Territories and the members of the Planning Commission.