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      Question

      The National Statistics Office (NSO) updated the base

      year for Gross State Value Added (GSVA) compilation to which year?
      A 2011-12 Correct Answer Incorrect Answer
      B 2017-18 Correct Answer Incorrect Answer
      C 2020-21 Correct Answer Incorrect Answer
      D 2022-23 Correct Answer Incorrect Answer
      E 2024-25 Correct Answer Incorrect Answer

      Solution

      The Ministry of Statistics and Programme Implementation notified uniform guidelines for compiling GSVA with 2022-23 as the new base year. Currently, 34 states and UTs compile GSDP estimates using 2011-12 as the base year, except Lakshadweep, Dadra and Nagar Haveli and Daman and Diu. The revision aims to capture the current structure of the economy using modern data sources.

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