Economics • Indian EconomyEasy
Which organization in India is responsible for compiling and publishing the official Gross Domestic Product (GDP) data?
A. Reserve Bank of India (RBI)
B. National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation✓ Correct Answer
C. NITI Aayog
D. Department of Economic Affairs under the Ministry of Finance
💡 Solution & Explanation
The National Statistical Office operating under the Ministry of Statistics and Programme Implementation is officially mandated to collect, process, and publish macroeconomic indicators including the Gross Domestic Product in India. While the Reserve Bank of India formulates monetary policy and the Ministry of Finance manages fiscal policy, official national accounting statistics are compiled by this statistical agency. The NSO was formed through the merger of the Central Statistical Office and the National Sample Survey Office.
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