CUET Economics - Which government body is responsible for reporting GDP in India ? 1. Department of Revenue 2. Central Board of Direct Taxes 3. Central Statistics Office 4. Niti Ayog | PYQs + Solutions

CUET Economics 2025 28 May Shift 1

Macro

Medium

Department of Revenue

Central Board of Direct Taxes

Central Statistics Office

Niti Ayog

✅ Correct Option: 3

Related questions:

30 May Shift 2

Consider the following statement related to Aggregate Income

(A) Aggregate revenue received by the firms is paid out to the factors of production it is considered as aggregate income.

(B) Aggregate Income can be calculated by calculating the aggregate value of goods and services produced by the firms.

(C) Income is being spent on the goods and services produced by the firms. It takes the form of aggregate expenditure received by firms.

(D) Aggregate Income can not only be calculated through aggregate expenditure. There are other methods that exist.

Which of the following combination of statements best explains the concept of Aggregate Income?

31 May Shift 1

Which of the following approach measures economic activity by adding the aggregate value of final goods and services newly produced in a nation during a fixed period of time?

Product Method.
Income Method.
Gross Value Added Method.
Expenditure Method.

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Expenditure method	(I) Invetory investment
(B) Income method	(II) GDP in the phase of disposition
(C) Value added method	(III) GDP in the phase of distribution
(D) Value of output - sales	(IV) GDP in the phase of production

Choose the correct answer from the options given below:

CUET Economics 2025 28 May Shift 1 PYQs

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