SarkariPYQ

SSC CHSL 2020 PYQ — Question 36

SSC CHSL - 14th October 2020 - Shift 2 • General Awareness • Q36

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Who among the following is responsible for the preparation of National Income estimates in India?

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Correct answer: B

Explanation

The correct answer is option 2 i.e. Central Statistical Organization.

  • The National income of India constitutes the total amount of income earned by the whole nation of our country and originated both within and outside its territory during a particular year.
  • During the post-independence period, the estimate of national income was primarily conducted by the National Income Committee. Later on, it was carried over by the Central Statistical Organization.
  • For estimating national income in India, the National Income Committee applied a combination of both the product method and the income method. This committee divided the entire economy into 13 sectors.