GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The task of measuring GDP is undertaken by the
A
State Government
B
Central Government
C
Provincial Government
D
All of the above
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.