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Question
In India, National Income is estimated by the Central Statistical Organization (CSO) using a ______.
Options
Output method
Income method
Expenditure method
Combination of Output and Income method
MCQ
Fill in the Blanks
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Solution
In India, National Income is estimated by the Central Statistical Organization (CSO) using a combination of output and income methods.
Explanation:
The CSO combines the output (production/value‑added) and income (factor‑income) approaches to estimate national income using output data where available and income figures to fill gaps and cross‑check totals.
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