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Question

Which of the following standards are measured by CSO?

Code:


A

1 and 3 only

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B

2 and 3 only

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C

1 and 2 only

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D

All of these

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Solution

The correct option is D

All of these


All of these

Extra information:

For coordination of statistical activities of the different Central Ministries and the State governments and for promotion of statistical standards, the Central Statistical Organization (CSO) was created in May 1951. CSO prepares national accounts, compiles and publishes industrial statistics and conducts economic census and surveys. The Computer Centre (CC) was set up in 1967 as an attached office of the Department of Statistics to cater to the data processing needs of the Department and other Departments of the Union Government

  • Co-ordination of the statistical activities in the country, laying down and maintaining norms and standards, providing liaison with central, state and international statistical agencies;
  • Dissemination of information on the structure and activities of the official statistical system to the public, especially data users;
  • Shouldering the responsibility for preparation of national accounts, promotion of regional accounts at state district levels, generation of industrial statistics, conduct of economic censuses (ECs), follow-up surveys (FuSs) of ECs, family income and expenditure surveys, development of statistics on prices, human development,’ energy and the environment, dissemination of statistics on socio-economic aspects of life, etc.; and
  • Organisation of annual ‘Conference of Central and State Statistical Organisation’ (COCSSO) to deliberate matters relating to the development of statistical data on aspects of socio­economic life of the country focussing in particular on the technical and developmental issues.

The most important publication of the CSO is the National Accounts Statistics (NAS). Also called as the white paper, it is an annual publication, which presents the estimates of National Income for the country. The publication provides estimates on NI and capital formation at sectoral level; for the 1-digit and the 2-digit disaggregated NIC (National Industrial Classification) levels. The annual economic growth rates, for the economy as a whole and at sectoral level, are released by CSO based on their compilation for the NAS.

Besides the NAS, the other important publications of CSO are the Statistical Abstract (an annual publication) and the Monthly Abstract of Statistics. Since 1980, CSO is also conducting the Economic Censuses, whose reports have become an important data source on the unregistered small enterprises in the country.


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