____________ is the nodal agency for releasing data related to national income, consumption expenditure, savings and capital formation, since 1956.

Correct option is B

The correct answer is option (b) Central Statistics Office

The Central Statistics Office (CSO) is the nodal agency responsible for releasing data related to national income, consumption expenditure, savings, and capital formation in India. It has been providing essential statistical data since its establishment in 1956. The CSO operates under the Ministry of Statistics and Programme Implementation (MOSPI) and plays a key role in compiling and releasing data on various economic indicators.

Information Booster :- 

• Public Asset Management Office: This is not the correct agency for releasing national income and economic data.
  
• Central Financial Office: This is not an agency involved in economic data release; it focuses on financial management and policies.
  
• Monetary Policy Office: This office is concerned with formulating and managing monetary policies