GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
the task of measuring GDP is undertaken by
A
district govt
B
central govt
C
state govt
D
local govt
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: -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).

Detailed explanation-3: -The Central Statistics Office (CSO), under the Ministry of Statistics and Program Implementation, is responsible for calculating the GDP of India, macroeconomic data gathering, and statistical record keeping.

There is 1 question to complete.