WBCS.LIVE practice question

The 'National Income' of India is estimated by:

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. NITI Aayog
  2. Ministry of Finance
  3. National Statistical Office
  4. RBI

Correct answer and explanation

Correct answer: National Statistical Office

Explanation: āœ… Correct Answer: (C) National Statistical Office (NSO) šŸ“š Explanation: The estimation of National Income (GDP) in India is the responsibility of the National Statistical Office (NSO), which functions under the Ministry of Statistics and Programme Implementation (MoSPI). The NSO was formed by the merger of the Central Statistics Office (CSO) and the National Sample Survey Office (NSSO). It releases quarterly and annual estimates of the country's economic growth.