Challenger App

No.1 PSC Learning App

1M+ Downloads
What is the primary function of the Central Statistical Office (CSO)?

ATo regulate financial markets.

BTo collect, organize, and analyze statistical data for planning.

CTo implement government economic policies.

DTo conduct scientific research.

Answer:

B. To collect, organize, and analyze statistical data for planning.

Read Explanation:

Central Statistical Office

  • Integrates and analyzes situational data.

  • Statistical data from all sectors are collected and organized for use in planning activities.

  • Finding national income using statistical data.


Related Questions:

MNCs Stands for
National development council was constituted in
Absolute poverty means
Which of the following statements is/are correct regarding 'Wholesale Price Index' (WPI) and 'Consumer Price Index (CPI)? i. WPI and CPI are economic indicators used to measure inflation. ii. In WPI, the weight is based on average household expenditure taken from consumer expenditure data. iii. In CPI, the weight of items is based on production values, iv. CPI includes services, whereas WPI does not include services.
Which of the following is a characteristic of a socialist economy?