The correct answer is: C. National development council
The National Development Council (NDC) is a high-level body that advises the central government on planning and development matters. It is chaired by the Prime Minister and includes the Chief Ministers of all states, members of the Union Cabinet, and other important officials. The NDC is responsible for giving final approval to the Five Year Plans.
The Federal Cabinet is the highest decision-making body of the Indian government. It is responsible for formulating and implementing policies and for overseeing the administration of the country. However, the Federal Cabinet does not have the authority to give final approval to the Five Year Plans. This authority is vested in the NDC.
The Planning Commission is a body that was set up in 1950 to assist the central government in planning and development matters. It was abolished in 2014 and its functions were transferred to the NITI Aayog. The Planning Commission did not have the authority to give final approval to the Five Year Plans. This authority was vested in the NDC.
The Parliamentary Committee on Planning is a committee of the Indian Parliament that is responsible for examining the Five Year Plans and other planning documents. It does not have the authority to give final approval to the Five Year Plans. This authority is vested in the NDC.