The NITI Aayog plays a role in:

Allocating development funds to Sikkim
Formulating national policies with implications for Sikkim
Arbitrating financial disputes between states
All of the above

The correct answer is: d) All of the above

The NITI Aayog is a government body that was set up in 2015 to replace the Planning Commission. It has a number of functions, including:

  • Formulating national policies with implications for all states, including Sikkim. This includes policies on economic development, social development, and infrastructure.
  • Allocating development funds to states. This is done based on a number of factors, including the state’s population, its economic performance, and its needs.
  • Arbitrating financial disputes between states. This is done in order to ensure that all states are treated fairly and that there is no unfair competition between them.

The NITI Aayog plays an important role in the development of all states, including Sikkim. It provides a forum for states to come together and discuss their needs, and it helps to ensure that they receive the resources they need to develop.