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The international comparison programme, one of the largest statistical programmes, is
managed by
  • a)
    World Bank group
  • b)
    International Monetary Fund
  • c)
    World Trade Organisation
  • d)
    United Nations Convention on Trade and Development
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The international comparison programme, one of the largest statistica...
The International comparison programme (ICP) is one of the largest statistical initiatives in the world. It is managed by the World Bank under the auspices of the United Nations Statistical Commission and relies on a partnership of international, regional, sub-regional, and national agencies working under a robust governance framework and following an established statistical methodology. So, only option (a) is correct.
The main objectives of the ICP are to:
  • Produce purchasing power parities (PPPs) and comparable price level indexes (PLls) for participating economies.
  • Convert volume and per capita measures of gross domestic product (GDP) and its expenditure components into a common currency using PPPs. India has participated in ICP rounds since its inception in 1970. Ministry of Statistics and Programme Implementation is National Implementing Agency for ICP in India. India was co-Chair of the ICP Governing Board along with Austria for the ICP 2017 cycle.
Therefore, the correct answer is (a).
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The international comparison programme, one of the largest statistical programmes, ismanaged bya)World Bank groupb)International Monetary Fundc)World Trade Organisationd)United Nations Convention on Trade and DevelopmentCorrect answer is option 'A'. Can you explain this answer?
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