Statistical System of India MCQ — 101 Practice Questions with Answers

Q1. Consider the following statements about national accounts concepts: 1. National accounts estimates at the prices of a selected year are used to examine the economy in real terms. 2. The underlying concepts and methodology of compilation have mostly been standardised under the United Nations System of National Accounts. 3. Estimates prepared at base-year prices are termed estimates at current prices. Which of the statements given above are correct?

Q2. Consider the following statements about the Periodic Labour Force Survey: 1. The nationwide PLFS was launched from April 2017. 2. One PLFS objective is to estimate key labour-force indicators at a three-month interval for urban areas under Current Weekly Status. 3. PLFS is conducted by the Labour Bureau under the Ministry of Labour and Employment. Which of the statements given above are correct?

Q3. Consider the following statements: 1. The reference period for the current IIP is 2011-12, when the index equals 100. 2. IIP is released on the 12th of every month with a lag of six days. 3. IIP compilation uses data furnished by 14 source agencies located in Central Ministries, Departments and subordinate offices. 4. Higher-level IIP aggregation uses the Paasche index formula. Which of the statements given above are correct?

Q4. Consider the following statements: 1. The National Accounts Division of NSO is responsible for preparation of national accounts. 2. National accounts prepared by the National Accounts Division exclude Government Final Consumption Expenditure, Private Final Consumption Expenditure, Capital Formation and Saving. 3. The National Accounts Division releases annual and quarterly GDP estimates as per the pre-specified Advance Release Calendar. Which of the statements given above are correct?

Q5. 1. The Collection of Statistics Act, 2008 extends to the whole of India. 2. Under the Act, the Central Government, a State Government or a Union territory Administration shall designate a nodal officer for statistics. 3. A statistics officer may call for information for collection of statistics on a specified subject in the geographical unit for which the officer was appointed. 4. The Act contains no provision on security of information furnished under section 6. Which of the statements given above are correct?