Economics • Indian EconomyEasy
Which organization in India compiles and releases the 'National Accounts Statistics', including 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. Securities and Exchange Board of India (SEBI)
💡 Solution & Explanation
The National Statistical Office under the Ministry of Statistics and Programme Implementation compiles and publishes official macroeconomic datasets including Gross Domestic Product figures in India. The Reserve Bank of India focuses on monetary statistics and financial stability reports rather than national accounts. Accurate GDP estimation is vital for national economic planning.
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