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    Question

    What is the proposed new base year for GDP calculation

    as suggested by the Ministry of Statistics and Programme Implementation (MoSPI)? 
    A 2015-16 Correct Answer Incorrect Answer
    B 2019-20 Correct Answer Incorrect Answer
    C 2020-21 Correct Answer Incorrect Answer
    D 2022-23 Correct Answer Incorrect Answer

    Solution

    MoSPI has proposed updating the GDP base year from 2011-12 to 2022-23 to enhance the relevance and accuracy of economic data. This change is expected to take effect by February 2026, with updates also planned for the Consumer Price Index (CPI) and Index of Industrial Production (IIP). 

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