Complete the following statement : In India, National Income is estimated by Central Statistical Organization (CSO) using ______.

Q.1 (C) (iv) Complete the following statement : In India, National Income is estimated by Central Statistical Organization (CSO) using ______.

A. (a) Output method

B. (b) Income method

C. (c) Expenditure method

D. (d) Combination of Output and Income method

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Answer: D. (d) Combination of Output and Income method

Answer: (d) Combination of Output and Income method

The CSO uses a combination of the output (product) method and the income method, because reliable data for every sector are not available under any one method. The output method is used for sectors such as agriculture and manufacturing, and the income method for sectors such as trade, transport and services.

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Complete the following statement : In India, National Income is estimated by Central Statistical Organization (CSO) using ______.

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