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In India, National Income is estimated by the Central Statistical Organization (CSO) using a ______. - Economics

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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
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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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