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Question

Which one of the following institutions prepares the National Income estimates in India?

A
Planning Commission
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B
Reserve Bank of India
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C
Central Statistical Organisation
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D
Indian Statistics Institute
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Solution

The correct option is C Central Statistical Organisation
Before independence, there was no independent body to estimate National Income numbers. It was, then, pioneered by Dadabhai Naoroji. Since 1955, the estimates have been prepared by Central Statistical Organisation. The estimates are based on value created in primary, secondary and tertiary sectors.

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