Which of the following estimates National Income in India:
A. Central Statistical Organisation
B. National Income Committee
C. Planning Commission
D. Reserve bank of India

1 Answer

Answer :

A. Central Statistical Organisation

Related questions

Description : National Income Estimates in India are prepared by: (1) National Development Council (2) National Productivity Council (3) National Income Committee (4) Central Statistical Organisation

Last Answer : Central Statistical Organisation

Description : National Income Estimates in India are prepared by: (1) National Development Council (2) National Productivity Council (3) National Income Committee (4) Central Statistical Organization

Last Answer : (4) Central Statistical Organization Explanation: Since 1955 the national income estimates are being prepared by Central Statistical Organization. The CSO uses different methods like the Product Method, ... and Expenditure method for various sectors in the process of estimating the National Income.

Description : The “Report on Currency and Finance” for each of the financial year in India is published by : (A) Reserve Bank of India (B) Ministry of Finance (C) Planning Commission (D) Central Statistical Organization

Last Answer : Answer: A

Description : Who prepared the first estimate of National Income for the country? (1) Central Statistical Organisation (2) National Income Committee (3) Dadabhai Naoroji (4) National Sample Survey Organisation

Last Answer : (3) Dadabhai Naoroji Explanation: Dadabhai Naoroji prepared the first estimates of National income in 1876. He estimated the national income by first estimating the value of agricultural production ... nonagricultural production. However, such method can only been called as a non-scientific method.

Description : Who prepared the first estimate of National Income for the country ? (1) Central Statistical Organisation (2) National Income Committee (3) Dadabhai Naoroji (4) National Sample Survey Organisation 

Last Answer : Dadabhai Naoroji

Description : The National Development Council includes : (1) all central Cabinet Ministers (2) Chief Ministers of all the States (3) Cabinet Ministers of all the States and the Centre. (4) Members of the Estimates Committee of the Parliament

Last Answer : (2) Chief Ministers of all the States Explanation: The National Development Council (NDC) or the Rashtriya Vikas Parishad is the apex body for decision making and deliberations on ... States or their substitutes, representatives of the union territories and the members of the Commissions.

Description : What are the three key components' of the WTO? A. A Senate, a Judiciary and a Directorate B. A Trade Commission, a Dispute Settlement Body and a Council of Ministers C. An Executive ... and an Enforcement apparatus D. A Board of Governors, the Assembly of Member States and a Steering Committee

Last Answer : C. An Executive apparatus, a Legislative apparatus and an Enforcement apparatus

Description : Recommendations to the President of India on the specific Union state fiscal relation are made by the- (1) Finance Minister (2) Reserve Bank of India (3) Planning Commission (4) Finance Commission

Last Answer : (4) Finance Commission Explanation: The finance commission made recommendations to the president of India on the specific union state fiscal relation.

Description : Money supply is governed by the - (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks

Last Answer : (3) Reserve Bank of India Explanation: In economics, the money supply or money stock, is the total amount of monetary assets available in an economy at a specific time. It is governed and ... Reserve Bank of India regulates money supply in India through its several policy rates and reserve ratios.

Description : Money supply is governed by the (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks

Last Answer : Reserve Bank of India

Description : The gradation and standardisation of agricultural products are conducted through (1) Food Corporation of India (2) Directorate of Marketing and Inspection (3) Indian Standards Institution (4) Central Statistical Organisation

Last Answer : Directorate of Marketing and Inspection

Description : The Planning Commission of India was constituted in the year? A. 1942 B. 1947 C. 1950 D. 1955 E. None of these

Last Answer : C. 1950

Description : The Planning commission of India is? A. A constitutional body B. An independent and autonomous body C. A statutory body D. A non-statutory body E. None of these

Last Answer : D. A non-statutory body

Description : As per the latest estimates of the planning commission the poverty ratio in 2011-2012 in India is?

Last Answer : 21.9%.

Description : When was the planning commission established? A. 10th March 1950 B. 15th March 1950 C. 20th March 1950 D. 16th March 1951 E. None of these

Last Answer : B. 15th March 1950

Description : Who fixes the poverty line? A. Government B. Lok Sabha C. Rajya Sabha D. Planning Commission

Last Answer : D. Planning Commission

Description : Planning Commission was constituted on? A. 15th March, 1948 B. 15th March, 1949 C. 15th March, 1950 D. 15th March, 1951

Last Answer : C. 15th March, 1950

Description : Who has launched the ‘Grand Innovation Challenge’? a. NITI Aayog b. Planning Commission c. National Planning Committee d. Finance Commission

Last Answer : a. NITI Aayog

Description : Describe the estimates of Planning Commission to create jobs in tourism and education? -SST 10th

Last Answer : Regarding jobs in Schools: (i) Planning commission estimates that nearly 20 lakh jobs can be created in education sector alone. (ii) For more children to attend school, more teachers and more ... Cottage industry can also create jobs. (iii) New services such as IT also are job generators.

Description : Which of the following is not included under the management of World bank? A. Board of Governor B. Executive Committee C. Chairman D. RBI’s Governor

Last Answer : D. RBI’s Governor

Description :  In free economy the decision about investment, saving and consumption are decided by (a) Price mechanism ; (b) Central bank ;(c) Planning Commission ;(d) Finance budget 

Last Answer : (a) Price mechanism

Description : Reserve Bank of India is a– (A) Government Company (B) Departmental Organisation (C) Statutory Corporation (D) None of the above

Last Answer : Answer: Government Company

Description : The Constitution of India was framed by: (1) Planning Commission (2) Constituent Assembly (3) President (4) Working Committee

Last Answer : (2) Constituent Assembly Explanation: The Constitution of India was framed by Constituent Assembly that was formed on 9 December 1946. It was formed following negotiations between Indian leaders and members ... Constitution was adopted on 26 November 1949 and came into force on 26 January 1950.

Description : In India, Inflation measured by the : A. National Income Deflation B. Wholesale Price Index number C. Consumer Price Index D. None of above

Last Answer : C. Consumer Price Index

Description : What makes India a developing economy? A. Rise in National Income B. Rise in Per Capita Income C. Growing Capital Income D. All of the above

Last Answer : A. Rise in National Income

Description : Electoral disputes arising out of Presidential and Vice-Presidential Elections are settled by - (1) Election Commission of India (2) Joint Committee of Parliament (3) Supreme Court of India (4) Central Election Tribunal

Last Answer : (3) Supreme Court of India Explanation: According to Article 71 of the Constitution, all doubts and disputes arising out of or in connection with the election of a President or Vice-President shall be inquired into and decided by the Supreme Court.

Description : Electoral disputes arising out of Presidential and VicePresidential Elections are settled by: (A) Election Commission of India (B) Joint Committee of Parliament (C) Supreme Court of India (D) Central Election Tribunal

Last Answer : Answer: C  According to Article 71 of the Constitution, all doubts and disputes arising out of or in connection with the election of a President or Vice-President shall be inquired into and ... Vice-Presidential Elections Act, 1952, an election pe tition can be filed before the Supreme Court.

Description : The concept of ‘Biosphere Reserve’ was evolved by A. Government of India. B. Botanical Survey of India C. UNESCO D. UNDP.

Last Answer : C. UNESCO

Description : The concept of ‘Biosphere Reserve’ was evolved by A. Government of India. B. Botanical Survey of India C. UNESCO D. UNDP.

Last Answer : C. UNESCO

Description : In which of these areas might you face pressures? A. Working with colleagues from different functional areas within the organisation B. Meeting reporting deadlines C. Allocating bonuses D. all of the above

Last Answer : D. all of the above

Description : In which of these areas might you face pressures? A. Working with colleagues from different functional areas within the organisation B. Meeting reporting deadlines C. Allocating bonuses D. All of the above

Last Answer : D. All of the above

Description : The power to declare an area as a sanctuary or national park of central Government is Wildlife (Protection) Act is under: A. Section 38 B. Section 39 C. Section 18 D. Section 27

Last Answer : A. Section 38

Description : The Parliamentary Committee which scrutinises the report of the Comptroller and Auditor General of India is – (1) Estimates Committee (2) Select Committee (3) Public Accounts Committee (4) None of these

Last Answer : (3) Public Accounts Committee Explanation: The Public Accounts Committee (PAC) is a committee of selected members of Parliament, constituted by the Parliament of India, for the auditing of the expenditure ... the course of investigation. None of the 22 members shall be a minister in the government.

Description : Which parliamentary committee in India is normally chaired by a prominent member of the opposition? (1) Committee on Government Assurances (2) Estimates Committee (3) Privileges Committee (4) Public Accounts Committee

Last Answer : (4) Public Accounts Committee Explanation: The Public Accounts Committee (PAC) is a committee of selected members of Parliament, constituted by the Parliament of India, for the auditing of the revenue and ... is selected from the opposition. Earlier, it was headed by a member of the ruling party.

Description : The largest committee of Parliament of India is – (1) Public Accounts Committee (2) Estimates Committee (3) Committee on Public Undertakings (4) Joint Parliamentary Committee

Last Answer : (2) Estimates Committee Explanation: The Estimates Committee is the largest parliamentary committee, consisting of 30 members who are elected by the Lok Sabha every year from amongst its ... and suggests alternative policies in order to bring about efficiency and economy in administration.

Description : The ‘Ombudsman’ in India is called as: a. Public accounts Committee b. Estimates Committee c. Election Committee d. Lokpal/Lokayukta

Last Answer : d. Lokpal/Lokayukta

Description : The salaries and emoluments of the judges of the Supreme Court are charged on (1) The Reserve Bank of India (2) The Contingency Fund of India (3) The Consolidated Fund of India (4) The Finance Commission

Last Answer : (3) The Consolidated Fund of India Explanation: Article 101 deals with remuneration of Judges of the Supreme Court. It states that the salaries payable to the Judges of the Supreme Court under this ... and pension payable to or in respect of the Comptroller and Auditor General of India; etc.

Description : During the recessionary phase of a business cycle: A. The natural rate of unemployment will increase dramatically B. Potential national income will exceed actual national income C. Actual national income ... national income D. The real rate of interest will exceed the nominal rate of interest.

Last Answer : B. Potential national income will exceed actual national income

Description : During the recessionary phase of a business cycle: A. The natural rate of unemployment will increase dramatically B. Potential national income will exceed actual national income C. Actual national income ... national income D. The real rate of interest will exceed the nominal rate of interest.

Last Answer : A. The natural rate of unemployment will increase dramatically

Description : National income is the ……………. Of all the goods and services produced by a country during a period of year A. Physical quantity B. Money value C. Value D. All the three

Last Answer : B. Money value

Description : National income is A. NDP at market prices B. NDP at factor cost C. GNP at market prices.

Last Answer : C. GNP at market prices.

Description : Rate of growth of an economy is measured in term of: A. National Income B. Per Capita Income C. Number of people who have been lifted above the poverty line D. Industrial Development

Last Answer : A. National Incom

Description : When National Income is calculated with reference to a base year, it is called: A. Nominal National Income B. Net National Income C. Real National Income D. Gross National Income

Last Answer : C. Real National Income

Description : National Income ignores: A. Sales of a firm B. Salary of Employees C. Exports of the IT Sector D. Sale of land

Last Answer : D. Sale of land

Description : National Income is the: A. Net National Product at market price B. Net National Product at factor cost C. Net Domestic Product at market price D. Net Domestic Product at factor cost

Last Answer : C. Net Domestic Product at market price

Description : The three R’s to save the environment are A. Reserve, Reduce, Recycle B. Reuse, Reserve, Reduce C. Reserve, Reuse, Reduce D. Reduce, Recycle, Reuse.

Last Answer : D. Reduce, Recycle, Reuse.

Description : The three R’s to save the environment are A. Reserve, Reduce, Recycle B. Reuse, Reserve, Reduce C. Reserve, Reuse, Reduce D. Reduce, Recycle, Reuse.

Last Answer : D. Reduce, Recycle, Reuse.

Description : The three R’s to save the environment are A. Reserve, Reduce, Recycle B. Reuse, Reserve, Reduce C. Reserve, Reuse, Reduce D. Reduce, Recycle, Reuse.

Last Answer : D. Reduce, Recycle, Reuse.

Description : Given an initial equilibrium in the money market and foreign exchange market, suppose the Federal Reserve increases the money supply of the United States. Under a floating exchange-rate system, the ... C. Be officially devalued by the government D. Be officially revalued by the government

Last Answer : B. Depreciate in value relative to other currencies

Description : Rather than constructing their own currency baskets, many nations peg the value of their currencies to a currency basket defined by the International Monetary Fund. Which of the following illustrates this ... . IMF tranche B. Special Drawing Rights C. Primary reserve asset D. Swap facility

Last Answer : B. Special Drawing Right