SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
National Income in India is estimated by:-
A
Planning Commission
B
Reserve Bank of India
C
Finance Ministry
D
Central Statistical Organization
Explanation: 

Detailed explanation-1: -The National Income of India is estimated by Central Statistical Office. It was formed on 2 May 1951. It analyses various factors to provide the figures that become the national income. National Income in India is calculated by CSO using various parameters.

Detailed explanation-2: -National Sample Survey Organisation (NSSO) is responsible for data collection for National Income.

Detailed explanation-3: -Ministry of Statistics and Programme Implementation, Government of India evaluates GDP in India.

Detailed explanation-4: -It is also responsible for the compilation and publication of national income statistics. The CSO through its Industrial Statistical wing conducts the Annual Survey of Industries and publishes the result.

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