Q.Which of the following organisations is currently responsible for compiling and releasing India's official national income and GDP estimates?

This tests knowledge of India's current statistical machinery, after the 2019 institutional merger. …

(b) National Statistical Office (NSO) is correct. The NSO was formed in 2019 by merging the Central Statistical Organisation (CSO), which had historically compiled India's National Accounts Statistics, with the National Sample Survey Office (NSSO), which conducted large-scale household and enterprise surveys. Together under the Ministry of Statistics and Programme Implementation (MoSPI), the NSO is now the single body responsible for India's official GDP, Gross Value Added, and national income series.

(a) is incorrect — the Reserve Bank of India compiles monetary, banking, and balance-of-payments statistics, and publishes its own analyses of national income data, but it does not compile the primary official national income estimates. …

A common wrong choice is the RBI, since it is the most visible economic-data body to many students — but the RBI's role is monetary/banking statistics, no …