Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

BPSC (Bihar) Exam > BPSC (Bihar) Questions > Which of the following authorities is respons...

Join the Discussion on the App

Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?

a)
RBI (Reserve Bank of India)
b)
Central Government
c)
CSO (Central Statistics Office)
d)
Economic Adviser to Finance Ministry
e)
None of the above/More than one of the above

Correct answer is option 'C'. Can you explain this answer?

FREE This question is part of

BPSC Practice Test- 10

Attempt Test

Attempt this Test

Most Upvoted Answer

Which of the following authorities is responsible for GDP (Gross Domes...

CSO (Central Statistics Office) is responsible for coordination of statistical activities in the country, which include:

National income accounting
Conduct of annual survey of industries
Economic census
Consumer price indices

The data is compiled by various central and state ministries, independent departments, and other governmental organisations and is provided to CSO for statistical purposes.
Important Facts:

CSO: The Central Statistics Office is a governmental agency in India under the Ministry of Statistics and Programme Implementation responsible for coordination of statistical activities in India, and evolving and maintaining statistical standards. It has a well-equipped Graphical Unit. The CSO is located in Delhi.
Founded: 2 May 1951
Headquarters: New Delhi, India
Parent department: Ministry of Statistics and Programme Implementation
Preceding agencies: Central Statistical Organisation; Central Statistical Institute

Functions of C.S.O:-

It coordinates statistical activities of the states and union territories and ensures timely compilation of requisite data.
It is responsible for compilation and release of national accounts statistics every year based on data received from government and non government sources.
It organises conferences of the central and state organisations.
It conducts and compiles and brings out publications of reports on Annual survey of industries (ASI).
It organises training programs for the central government and state government statistical personnel.
It keeps liaison with international statistical bodies.
It decides items of information in the surveys to be taken up by the NSSO.
It conducts periodic economic census. The first census was conducted in 1977.
It takes up some regular publications such as:
- Annual statistical abstract.
- Annual survey of industries.
- Monthly abstract of statistics.
- Estimates of national income etc.

Answered by Notes Wala · View profile

Free Test

FREE

BPSC Practice Test- 10
150 Ques | 150 Min

Start Free Test

View all free BPSC (Bihar) tests

Community Answer

Which of the following authorities is responsible for GDP (Gross Domes...

CSO (Central Statistics Office) is responsible for coordination of statistical activities in the country, which include:

National income accounting
Conduct of annual survey of industries
Economic census
Consumer price indices

The data is compiled by various central and state ministries, independent departments, and other governmental organisations and is provided to CSO for statistical purposes.
Important Facts:

CSO: The Central Statistics Office is a governmental agency in India under the Ministry of Statistics and Programme Implementation responsible for coordination of statistical activities in India, and evolving and maintaining statistical standards. It has a well-equipped Graphical Unit. The CSO is located in Delhi.
Founded: 2 May 1951
Headquarters: New Delhi, India
Parent department: Ministry of Statistics and Programme Implementation
Preceding agencies: Central Statistical Organisation; Central Statistical Institute

Functions of C.S.O:-

It coordinates statistical activities of the states and union territories and ensures timely compilation of requisite data.
It is responsible for compilation and release of national accounts statistics every year based on data received from government and non government sources.
It organises conferences of the central and state organisations.
It conducts and compiles and brings out publications of reports on Annual survey of industries (ASI).
It organises training programs for the central government and state government statistical personnel.
It keeps liaison with international statistical bodies.
It decides items of information in the surveys to be taken up by the NSSO.
It conducts periodic economic census. The first census was conducted in 1977.
It takes up some regular publications such as:
- Annual statistical abstract.
- Annual survey of industries.
- Monthly abstract of statistics.
- Estimates of national income etc.

Share via Whatsapp

Attention BPSC (Bihar) Students!

To make sure you are not studying endlessly, EduRev has designed BPSC (Bihar) study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in BPSC (Bihar).

Current Affairs & Hindu Analysis: Daily, Weekly & Monthly

History for State PSC Exams

NCERT Based Tests for UPSC & State PSC Exams

NCERT Textbooks (Class 6 to Class 12)

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for BPSC (Bihar) exam

Similar BPSC (Bihar) Doubts

Which of the following agencies release the index of industrial production to measure industrial performance in India?

View answer

Which of the following agencies release the index industrial production to measure Industrial Performance in India?

View answer

Top Courses for BPSC (Bihar)View all

Current Affairs & Hindu Analysis: Daily, Weekly & Monthly

History for State PSC Exams

NCERT Based Tests for UPSC & State PSC Exams

NCERT Textbooks (Class 6 to Class 12)

CSAT Preparation

Top Courses for BPSC (Bihar)

View all

Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? for BPSC (Bihar) 2024 is part of BPSC (Bihar) preparation. The Question and answers have been prepared according to the BPSC (Bihar) exam syllabus. Information about Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for BPSC (Bihar) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for BPSC (Bihar). Download more important topics, notes, lectures and mock test series for BPSC (Bihar) Exam by signing up for free.

Here you can find the meaning of Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following authorities is responsible for GDP (Gross Domestic Product) data calculation and is responsible for revising GDP calculation methodology?a)RBI (Reserve Bank of India)b)Central Governmentc)CSO (Central Statistics Office)d)Economic Adviser to Finance Ministrye)None of the above/More than one of the aboveCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice BPSC (Bihar) tests.

Explore Courses for BPSC (Bihar) exam