national income accounting in India is done by which of the following ...
**National Income Accounting in India**
National income accounting refers to the systematic measurement of the total value of goods and services produced within a country during a specific period. In India, national income accounting is responsible for calculating and monitoring the country's economic performance and growth. The task of national income accounting in India is carried out by the Central Statistical Organization (CSO), which operates under the Ministry of Statistics and Programme Implementation.
**1. Central Statistical Organization (CSO):**
The CSO is the primary agency responsible for compiling and publishing national income statistics in India. It is a part of the Ministry of Statistics and Programme Implementation and acts as the nodal agency for all official statistical activities in the country. The CSO is responsible for collecting data from various sources, conducting surveys, and compiling national income estimates.
**2. Ministry of Statistics and Programme Implementation:**
The Ministry of Statistics and Programme Implementation is the governing body that oversees the CSO and provides guidance on statistical activities. It formulates policies and programs related to data collection, analysis, and dissemination. The ministry ensures the accuracy and reliability of national income accounting in India.
**3. National Income Accounting Office:**
There is no specific organization called the "National Income Accounting Office" in India. The task of national income accounting is primarily carried out by the CSO under the Ministry of Statistics and Programme Implementation.
**4. NITI Aayog:**
NITI Aayog, also known as the National Institution for Transforming India, is a policy think tank that provides strategic and policy inputs to the government. While NITI Aayog plays a significant role in economic planning and policy formulation, it is not directly involved in national income accounting in India. The responsibility for national income accounting lies with the CSO.
In conclusion, national income accounting in India is primarily conducted by the Central Statistical Organization, which operates under the Ministry of Statistics and Programme Implementation. The CSO collects data, conducts surveys, and compiles national income estimates, ensuring accurate and reliable economic statistics for monitoring India's economic performance and growth.
national income accounting in India is done by which of the following ...
usually prepared by central statical organization. option-2. yes mr joshi I am 100%sure for my ans
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