Question : In which year did the Central Statistical Office adopt the GVA concept in India?
Option 1: 2012
Option 2: 2015
Option 3: 1993
Option 4: 2010
Correct Answer: 2015
Solution : The correct option is - 2015
In order to more accurately estimate economic activity, the Central Statistics Office (CSO) abandoned GDP at factor cost in 2015 and switched to the global practice of GDP at market price and the Gross Value Addition (GVA) measure. An economic productivity metric known as gross value added, or GVA, quantifies the contribution of a corporation, subsidiary, or municipality to an economy, producer, sector, or area.
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Question : When was the Direct Tax Code Bill introduced in the Parliament of India?
Option 1: 2010
Option 2: 2005
Option 3: 2020
Option 4: 2015
Question : The poverty line in India is based on the survey conducted by which of the following?
Option 1: Ministry of Finance
Option 2: Reserve Bank of India (RBI)
Option 3: Ministry of Rural Development
Option 4: National Statistical Office (NSO)
Question : How many silver medals did India win in the 2020 Tokyo Olympic Games?
Option 1: 4
Option 2: 2
Option 3: 1
Option 4: 3
Question : In which year did India make its One-Day International (ODI) debut?
Option 1: 1971
Option 2: 1974
Option 3: 1975
Option 4: 1972
Question : How many gold medals did India win in the 2020 Tokyo Olympic Games?
Option 1: 2
Option 2: 1
Option 3: 0
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