The 'Central Statistics Office' has been merged with which organization to form the National Statistical Office? MCQ with Answer and Explanation

The 'Central Statistics Office' has been merged with which organization to form the National Statistical Office?
A. National Sample Survey Office
B. Labour Bureau
C. NITI Aayog
D. Registrar General of India
Answer: Option A
Solution (By JKSSB Mock Tests)
CSO and NSSO were merged to form the National Statistical Office.

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Practice More Economy Set 1 Questions

Question #1
Currency depreciation generally makes imports:
A. unchanged
B. more expensive in domestic currency
C. cheaper
D. subsidized

Correct Answer: Option B


Explanation:
Depreciation makes foreign goods more expensive in domestic currency, reducing import demand.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a characteristic of the 'Sustainable Development Goals' framework?
A. Only environmental targets without social dimensions
B. Only economic growth targets
C. Only national goals without global coordination
D. A set of interlinked global goals covering economic, social and environmental dimensions of development

Correct Answer: Option D


Explanation:
The Sustainable Development Goals adopted by the United Nations comprise 17 interlinked goals that integrate economic prosperity, social inclusion and environmental sustainability.

This question belongs to: Economy GK Economy Set 1
Question #3
If MPC is 0.8, the investment multiplier is:
A. 5
B. 0.8
C. 8
D. 1.25

Correct Answer: Option A


Explanation:
Multiplier = 1/(1 - 0.8) = 1/0.2 = 5.

This question belongs to: Economy GK Economy Set 1