BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In India nation income is estimated by?
A
Finance Commission
B
Central Statistical Organisation
C
Planning Commission
D
Finance Ministry
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is the Central Statistical Office. The Central Statistics Office (CSO) is one of the wings of the National Statistical Organisation (NSO), responsible for the coordination of statistical activities in the country and for evolving and maintaining statistical standards.

Detailed explanation-2: -In India the estimates of national income are prepared by central statistical organization (C.S.O).

Detailed explanation-3: -Central Statistical Office (CSO) estimates the National Income of India.

Detailed explanation-4: -Detailed Solution. National Sample Survey Organisation (NSSO) is responsible for data collection for National Income.

Detailed explanation-5: -The National Income Committee, formed in 1949, calculated the National Income of India and compiled statistics in the post-independence period.

There is 1 question to complete.