Economics • Indian EconomyEasy
Which organization in India compiles and releases the Consumer Price Index (CPI) Combined data?
A. Reserve Bank of India
B. National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation✓ Correct Answer
C. NITI Aayog
D. Ministry of Finance
💡 Solution & Explanation
The National Statistical Office operates under the Ministry of Statistics and Programme Implementation to compute and release consumer price indices across urban and rural segments. The Reserve Bank of India utilizes these inflation metrics for monetary policy committee decisions.
More Economics Indian Economy questions
- What is the core aim of the 'National Monetisation Pipeline (NMP)' launched by the Government of India?
- Which of the following industries holds the highest weightage in the 'Index of Eight Core Industries (ICI)'…
- Which of the following parameters is NOT included in the calculation of the Multidimensional Poverty Index…
- What does the concept of 'Potential Gross Domestic Product' measure in macroeconomics?
- Which welfare scheme introduced in Chhattisgarh focuses specifically on providing financial assistance and…