Q1. With reference to the Uniform Guideline for compilation of Gross State Value Added (GSVA) finalised by MoSPI in 2026 as compared to the earlier framework, consider the following statements: 1. The new series shifts the base year for the National Accounts from 2011-12 to 2022-23. 2. Unlike the earlier series, the present exercise seeks to onboard all States and Union Territories, including Lakshadweep and Dadra and Nagar Haveli & Daman and Diu, for complete national coverage of Regional Accounts. 3. The Uniform Guideline applies exclusively to Gross State Domestic Product (GSDP) estimates and explicitly excludes District Domestic Product (DDP) from its scope. Which of the statements given above is/are correct?
- The new series shifts the base year for the National Accounts from 2011-12 to 2022-23.
- Unlike the earlier series, the present exercise seeks to onboard all States and Union Territories, including Lakshadweep and Dadra and Nagar Haveli & Daman and Diu, for complete national coverage of Regional Accounts.
- The Uniform Guideline applies exclusively to Gross State Domestic Product (GSDP) estimates and explicitly excludes District Domestic Product (DDP) from its scope.
- A. 1 and 2 only
- B. 2 and 3 only
- C. 1 and 3 only
- D. 1, 2 and 3