[amp_mcq option1=”Reserve Bank of India” option2=”Ministry of finance” option3=”Central statical organization” option4=”Planning commission” correct=”option3″]<\/p>\n
The correct answer is: C. Central Statistical Organization<\/strong><\/p>\n The Central Statistical Organization (CSO) is the nodal agency for collection, compilation, analysis and dissemination of statistics in India. It is under the Ministry of Statistics and Programme Implementation. The CSO is responsible for preparing the national accounts of India, which includes the assessment of national income.<\/p>\n The Reserve Bank of India (RBI) is the central bank of India. It is responsible for formulating and implementing monetary policy, regulating the financial system, and issuing currency. The RBI does not have any role in the preparation of national accounts.<\/p>\n The Ministry of Finance is the ministry of the Government of India responsible for the formulation and implementation of the country’s fiscal policy. It is not responsible for the preparation of national accounts.<\/p>\n The Planning Commission was a body of the Government of India that was responsible for planning the economic development of India. It was abolished in 2014 and its functions were transferred to the NITI Aayog. The Planning Commission did not have any role in the preparation of national accounts.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”Reserve Bank of India” option2=”Ministry of finance” option3=”Central statical organization” option4=”Planning commission” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-57005","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"\n