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Indian EconomyHard

The Wholesale Price Index in India is released by the Office of the Economic Adviser, which works under

  1. A.The Ministry of Finance
  2. B.The Ministry of Commerce and Industry
  3. C.The Ministry of Statistics and Programme Implementation
  4. D.The Ministry of Labour and Employment

Correct answer

B. The Ministry of Commerce and Industry

Explanation

The correct answer is B, the Ministry of Commerce and Industry. The Office of the Economic Adviser in the Department for Promotion of Industry and Internal Trade, which is a department of that ministry, compiles and releases the Wholesale Price Index every month, along with the index of eight core industries; the wholesale index covers primary articles, fuel and power and manufactured products, and it excludes services altogether. Option A, the Ministry of Finance, has its own Chief Economic Adviser, who prepares the Economic Survey, and the two advisers are routinely confused in questions of this kind. Option C, the Ministry of Statistics and Programme Implementation, releases the Consumer Price Index and the Index of Industrial Production through the National Statistical Office, not the wholesale index. Option D, the Ministry of Labour and Employment, releases the Consumer Price Index for Industrial Workers through the Labour Bureau.

Read the full article: National Statistical System of India: NSO and Surveys

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Q1.Indian EconomyEasy

The National Statistical Office was formed in 2019 by merging which two organisations?

  1. A.The Central Statistics Office and the National Sample Survey Office
  2. B.The Labour Bureau and the Central Statistics Office
  3. C.The Economic Adviser's Office and the National Sample Survey Office
  4. D.The Registrar General's Office and the Central Statistics Office
Show answer
Correct answer: A. The Central Statistics Office and the National Sample Survey Office

In 2019 the government merged the two bodies into a single National Statistical Office under the Ministry of Statistics and Programme Implementation, so that the preparation of the national accounts and the conduct of the large sample surveys would sit in one office.

Q2.Indian EconomyEasy

National Statistics Day is observed in India on which date?

  1. A.29 February
  2. B.29 June
  3. C.20 October
  4. D.15 September
Show answer
Correct answer: B. 29 June

National Statistics Day has been observed on 29 June every year since 2007 to mark the birth anniversary of Prasanta Chandra Mahalanobis and to create awareness about the use of statistics in planning and policy; a theme is announced each year by the Ministry of Statistics and Programme Implementation.

Q3.Indian EconomyEasy

Who founded the Indian Statistical Institute at Kolkata in 1931 and is called the father of Indian statistics?

  1. A.C. R. Rao
  2. B.P. C. Mahalanobis
  3. C.V. K. R. V. Rao
  4. D.D. R. Gadgil
Show answer
Correct answer: B. P. C. Mahalanobis

Prasanta Chandra Mahalanobis founded the Indian Statistical Institute at Kolkata in 1931, set up the National Sample Survey in 1950, gave statistics the distance measure named after him, pioneered large scale sample surveys and pilot surveys, and prepared the plan frame of the Second Five Year Plan, which placed heavy…

Q4.Indian EconomyMedium

The Census of India is conducted by an office under which ministry?

  1. A.Ministry of Statistics and Programme Implementation
  2. B.Ministry of Home Affairs
  3. C.Ministry of Health and Family Welfare
  4. D.Ministry of Rural Development
Show answer
Correct answer: B. Ministry of Home Affairs

The census is taken by the Office of the Registrar General and Census Commissioner of India, which works under the Ministry of Home Affairs, under the authority of the Census Act of 1948; the same office maintains the civil registration system of births and deaths.