Which one of the following agencies is responsible for the computation of national income in India

N.C.A.E.R.
nan
N.S.S.
R.D.I.

The correct answer is B. C.S.O.

The Central Statistical Organization (CSO) is the nodal agency responsible for the collection, compilation, analysis and dissemination of statistics in India. It is a wing of the Ministry of Statistics and Programme Implementation (MoSPI).

The CSO is responsible for the computation of national income in India. It does this by collecting data from various sources, such as the Ministry of Finance, the Ministry of Commerce and Industry, the Reserve Bank of India, and the National Sample Survey Organisation (NSSO). The CSO then compiles this data and uses it to calculate the national income of India.

The national income of a country is a measure of the total value of goods and services produced in that country in a given year. It is a key indicator of the economic health of a country. The CSO’s computation of the national income of India is used by the government to formulate economic policies and by businesses to make investment decisions.

The other options are incorrect.

  • N.C.A.E.R. is the National Council of Applied Economic Research. It is an independent research institute that conducts research on economic and social issues.
  • N.S.S. is the National Sample Survey Organisation. It is a government agency that conducts surveys on a variety of topics, including population, employment, and agriculture.
  • R.D.I. is the Department of Science and Technology. It is a government agency that is responsible for promoting science and technology in India.