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Q.

Gross Domestic Product is measured in India by the :

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a

Central Statistics Office

b

State govt

c

RBI

d

World Bank

answer is A.

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Detailed Solution

Gross Domestic Product(GDP) is measured in India by the CSO - Central Statistics Office, under the Ministry of Statistics and Program Implementation, which is under the Central government's power. The development and upkeep of statistical standards and the coordination of statistical operations across the nation are within the purview of the Central Statistics Office. Its activities include compiling the Index of Industrial Production, Consumer Price Indices, Economic Censuses and their follow-up surveys, Annual Surveys of Industries, and National Income Accounting.

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