CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Who is responsible for measuring the GDP in India?

A
State government
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Central government
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
World bank with the help of the central government
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Central government with the help of state governments and union territories
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is C Central government with the help of state governments and union territories
The Central Statistics Office (CSO), under the Union Ministry of Statistics and Program Implementation, is responsible for macroeconomic data gathering and statistical record keeping. Its processes involve conducting an annual survey of industries and compilation of various indexes like the Index of Industrial Production, Consumer Price Index etc.
The CSO coordinates with various federal and State government agencies and departments to collect and compile the data required to calculate the GDP and other statistics.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Data Collection
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon