BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The main function of Central Statistical Organisation is____
A
To determine the money supply
B
To determine prices
C
To publish national income estimates
D
To collect employment details
Explanation: 

Detailed explanation-1: -The Central Statistics Office coordinates the statistical activities in the country and evolves statistical standards. It is headed by a Director General assisted by 5 Additional Director Generals.

Detailed explanation-2: -The Central Statistical Organisation (CSO) which has the responsibility of preparing national income estimates has divided the economy into 13 sectors, grouped under five main headings. It prepares the estimate of net domestic product.

Detailed explanation-3: -Central Statistical Organisation (CSO).

Detailed explanation-4: -NSSO and CSO Merger The central government, on 23 May 2019, approved this merger making it official. NSSO was the largest organization in India that conducted surveys whereas CSO was responsible for ensuring that all the standards for statistical operations in the country were met.

There is 1 question to complete.