UPSC Essentials | Daily subject-wise quiz : Economy MCQs on Household Consumption Expenditure Survey, Special Rupee Vostro Account and more (Week 176)
UPSC Essentials provides a daily subject-wise quiz to aid in revising static syllabus topics. Attempt today's quiz on the Economy to evaluate your progress. For more information, read the UPSC Essentials July 2026 magazine or contact manas.srivastava@indianexpress.com.
Statement 1 regarding the Household Consumption Expenditure Survey (HCES) is correct as it collects information on households' goods and services consumption and expenditure. Statement 2 is incorrect since the HCES is conducted by the Ministry of Statistics and Programme Implementation (MoSPI), not the Ministry of Home Affairs. Statement 3 is correct as the survey's data is utilized to measure poverty, inequality, and social exclusion.
The HCES is not conducted annually, making statement 4 incorrect. Therefore, two statements are correct, making option (b) the correct answer.
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