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Q.

In India, the mammoth task of measuring GDP is undertaken by


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a

A central government ministry

b

Indian states

c

Union territories

d

All of the above 

answer is A.

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Detailed Solution

In India, the mammoth task of measuring GDP is undertaken by a central government ministry.
The value of the finished goods and services produced in each sector over a given year gives us an idea of the sector's overall production for that year. The Gross Domestic Product, or GDP, of a nation is calculated by adding the output from each of the three sectors. The GDP demonstrates the size of the economy. In India, the central government ministry is tasked with the enormous task of measuring GDP. This ministry gathers information on the total volume of goods and services and their prices with the assistance of various government departments from all Indian States and Union Territories before estimating the GDP.
 
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