WBCS.LIVE practice question

Which organization calculates the National Income in India?

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

Answer options

  1. Reserve Bank of India
  2. NITI Aayog
  3. Finance Commission
  4. National Statistical Office (NSO)

Correct answer and explanation

Correct answer: National Statistical Office (NSO)

Explanation: āœ… Correct Answer: D) National Statistical Office (NSO) šŸ“š Explanation: The National Statistical Office, under the Ministry of Statistics and Programme Implementation, is the nodal agency for releasing national income estimates. It was formed by the merger of the Central Statistics Office (CSO) and the National Sample Survey Office (NSSO). The NSO calculates various indices, including GDP and Consumer Price Index (CPI).