GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In India, the task of measuring GDP is undertaken by the Central government ministry.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Answer: In India, the task of measuring Gross Domestic Product (GDP) is undertaken by the Government of India. Gross domestic product is a monetary measure of the market value of all the final goods and services produced in a specific time period.
Detailed explanation-2: -In India the entire responsibility of calculating the GDP is with the Central Statistics Office under the Ministry of Statistics and Program.
Detailed explanation-3: -Explanation: The GDP figures in India are released by the Central Statistics Office (CSO), which comes under the Ministry of Statistics and Program Implementation (MOSPI).
There is 1 question to complete.