Economics • Indian EconomyEasy
Which organization in India is responsible for compiling and publishing the official national income estimates, including Gross Domestic Product?
A. Reserve Bank of India
B. National Statistical Office✓ Correct Answer
C. NITI Aayog
D. Competition Commission of India
💡 Solution & Explanation
The National Statistical Office, operating under the Ministry of Statistics and Programme Implementation, is statutorily responsible for calculating and releasing official national income accounts and macroeconomic aggregates in India. The Reserve Bank of India manages monetary policy and banking supervision. NITI Aayog acts as the apex public policy think tank.
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