MCQ
Statistical System of India MCQ - Practice Questions with Answers
Solve 101 Statistical System of India questions for RAS/RPSC preparation.
Practice questions
Q1Consider 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?
Statements 1 and 2 are correct. Statement 3 is false because estimates at base-year prices are called constant-price estimates; current-price estimates are at prevailing prices of the current year.
Q2Consider 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?
Statements 1 and 2 are correct. Statement 3 is false because the cited fact identifies PLFS as conducted by NSO under MoSPI, not by the Labour Bureau.
Q3Consider 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?
Statement 1 is true: the IIP reference period is 2011-12 with index 100. Statement 2 is false: the release lag is six weeks, not six days. Statement 3 is true: 14 source agencies furnish the data. Statement 4 is false: the source specifies Laspeyres aggregation, not Paasche.
Q4Consider 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?
Statements 1 and 3 are true: NAD of NSO prepares national accounts and releases annual and quarterly GDP estimates according to the Advance Release Calendar. Statement 2 is false because those consumption, capital-formation and saving aggregates are explicitly included in national accounts.
Q51. 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?
Statements 1, 2 and 3 are correct. The Act extends to the whole of India, provides for a nodal officer, and empowers a statistics officer to call for information. Statement 4 is false because section 9 deals with security of information furnished under section 6.
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6Consider the following statements: 1. The Consumer Price Index is designed to measure changes over time in retail prices of selected goods and services purchased by households for consumption. 2. CPI is used as a tool by the government and the Reserve Bank of India for inflation targeting and monitoring price stability. 3. CPI released by MoSPI has base 2011-12=100. Which of the statements given above are correct?
7Consider the following statements: 1. In PLFS, usual status uses a reference period of 1 year. 2. In PLFS, current weekly status uses a reference period of 1 week. 3. In the urban rotational panel design, each selected household is visited four times. 4. Rural PLFS samples are revisited three times after the first visit. Which of the statements given above are correct?
8Consider the following statements about the Office of the Economic Adviser: 1. The Office of the Economic Adviser is an attached office of the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry. 2. It compiles and releases monthly Wholesale Price Indices. 3. It compiles and releases the all-India Consumer Price Index-Combined. Which of the statements given above are correct?
9Consider the following statements: 1. Under the Collection of Statistics Act, 2008, statistics may be collected only on economic and demographic aspects. 2. The Central Government, State Government or Union territory Administration shall designate a nodal officer for statistics under the Act. 3. The appropriate Government may appoint a statistics officer for a geographical unit. 4. A State Government may issue a direction under the Act even for matters in the Union List. Which of the statements given above are correct?
10Consider the following statements about IIP compilation and release: 1. NSO compiles IIP using secondary data received from 14 source agencies. 2. IIP is released every month in the form of Quick Estimates with a six-week lag as per IMF SDDS norms. 3. Apart from mining, manufacturing and electricity, IIP estimates are also released under use-based categories such as Primary Goods and Capital Goods. 4. The major source of data for IIP is the Reserve Bank of India, which supplies data for most item groups. Which of the statements given above are correct?
11Consider the following statements about the Collection of Statistics Act, 2008: 1. It is Act No. 7 of 2009 and is dated 7 January 2009. 2. Its purpose is to facilitate collection of statistics on economic, demographic, social, scientific and environmental aspects. 3. After amendment/adaptation, the Act extends to the whole of India. 4. The term appropriate Government excludes local governments such as Panchayats and Municipalities. Which of the statements given above are correct?
12Consider the following statements about the National Statistical Commission: 1. It was set up through a Government of India resolution dated 1 June 2005. 2. It was initially constituted on 12 July 2006. 3. The Chief Statistician of India serves as the Chairperson of the Commission. Which of the statements given above are correct?
13Consider the following statements: 1. The Wholesale Price Index is compiled and released by the Office of the Economic Adviser under DPIIT. 2. CPI-Combined is released by the Office of the Economic Adviser under DPIIT. 3. The Index of Industrial Production is released by the National Statistical Office under MoSPI. 4. GDP estimates are released by the Office of the Economic Adviser under DPIIT. Which of the statements given above are correct?
14Consider the following statements about dissemination standards and statistical releases: 1. India is a subscriber to the IMF's Special Data Dissemination Standards and was fulfilling the Standards. 2. MoSPI maintains an Advance Release Calendar for its data categories covered under SDDS. 3. MoSPI releases datasets covered under the Real Sector of SDDS through press notes and its website simultaneously. 4. The Advance Release Calendar is disseminated only in printed MoSPI publications and not on the IMF's Dissemination Standards Bulletin Board. Which of the statements given above are correct?
15Consider the following statements about compiling agencies in India's statistical system: 1. The Wholesale Price Index is compiled and released by the Office of the Economic Adviser under DPIIT. 2. The Consumer Price Index-Combined is released by the National Statistical Office under MoSPI. 3. The Index of Industrial Production is released by the Labour Bureau under the Ministry of Labour and Employment. 4. GDP estimates are released by the Reserve Bank of India. Which of the statements given above are correct?