Sail E0 Webinar
Question
Consider the following statements regarding National Sample Survey (NSS):

  1. It is conducted by National Statistical Office (NSO)

  2. It is a socio-economic survey conducted annually

  3. It is conducted on rotating topics


Select the correct answer using the code given below:
Options:
A .  (iii) only
B .  (i) only
C .  (i) & (iii) only
D .  All of the above
Answer: Option D
Answer: (d)
The National Sample Survey (NSS), conducted by National Statistical Office (NSO) is a national socioeconomic survey conducted in annual rounds with a cycle of rotating topics.
For example, the purpose of the 71st round of the National Sample Survey (NSS) conducted in 2014 was to develop indicators on health and education. The purpose of the 68th round (July 2011 – June 2012) of the National Sample Survey was household consumption expenditure.
The household Consumption Expenditure Survey (CES), generally comes after every five years (quinquennial) during these annual rounds of NSS.
The NSS Consumer Expenditure Survey (CES) generates estimates of household Monthly Per Capita Consumer Expenditure (MPCE) and the distribution of households and persons over the MPCE classes. It is designed to collect information regarding expenditure on the consumption of goods and services (food and non-food) consumed by households. The results, after release, are also used for rebasing the GDP and other macroeconomic indicators.
Current Controversy
The 75th round of the National Sample Survey (NSS) was again done on Household Consumption Expenditure from the period July 2017 – June 2018 by National Statistical Office (NSO) (Earlier it used to be done by NSSO, but now NSSO and CSO have been merged under NSO). The survey reported that the consumption expenditure in the period 2011-12 – 2017-18 has fallen, which could have been because it was carried out during a period when the economy was reeling from the effects of demonetisation and the shift to GST.
But the government has withheld the report as it noticed that there was divergence in not only the levels in the consumption pattern but also the direction of the change when compared to the other administrative data sources like the actual production of goods.
So, the government has decided not to release this report. In view of the above controversy, the rebasing of the GDP series, which was earlier considered to be 2017-18 (moving from present 2011-12), may not be done and another base year may be taken.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers