Question

Which among the following provides estimates for gross domestic product (GDP) of India?

• A. National Sample Survey (NSS)
• B. Indian Statistical Institute (ISI)
• C. Central Statistical Organisation (CSO)
• D. None of these

Hint:

GDP figures in India are officially released by a government statistical body under the Ministry of Statistics, not by survey or research institutes.

Answer 1

The Correct Option is C

Step 1: Understanding the Question:
We need to identify which body is responsible for estimating India's gross domestic product (GDP).

Step 2: Key Formula or Approach:
GDP estimation in India is done by a designated government statistical agency, so we recall which of the listed bodies performs this specific role.

Step 3: Detailed Explanation:
The Central Statistical Organisation (CSO), now part of the Ministry of Statistics and Programme Implementation, is the official body that compiles and releases India's national income and GDP estimates.
The National Sample Survey (NSS) conducts large scale household surveys on consumption, employment and other socio economic indicators, but it does not itself compute the GDP figure, so option (1) is wrong.
The Indian Statistical Institute (ISI) is an academic and research institute that works on statistical theory and applications, not the official GDP compiler, so option (2) is wrong.
Since CSO is listed as an option, option (4), none of these, does not apply.

Step 4: Final Answer:
The Central Statistical Organisation (CSO) provides India's GDP estimates, so the answer is option (3).