SSC MTS EXAM

Detailed explanation-1: -Answer: The Government of India is in charge of calculating India’s Gross Domestic Product (GDP). The gross domestic product (GDP) is a monetary indicator of the value of all the finished products and services produced over a given period of time.

Detailed explanation-2: -Ministry of Statistics and Programme Implementation, Government of India evaluates GDP in India.

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).

Detailed explanation-4: -GDP in a country is usually calculated by the national statistical agency, which compiles the information from a large number of sources. In making the calculations, however, most countries follow established international standards.