​Which organisation releases the official poverty estimates in India based on data collected from the National Sample Survey Office (NSSO) and other sources?​

Correct option is B

• The Poverty Line calculation is now carried out by the NITI Aayog (the successor to the erstwhile Planning Commission of India) through the calculation of the poverty line based on the data collected by the National Sample Survey Office (NSSO).
• The national sample survey Organization [NSSO] conducts a SURVEY every 5 years to estimate poverty in India.
• It is the organization under the ministry of Statistics of the government of India.
• The National Sample Survey Organization (NSSO) carries out socioeconomic surveys, undertakes field of work for the Annual Survey of Industries, and follow-up surveys of the economic census.

Incorrect options explanations:

• The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purposes of economic development. It was founded in 1944 at the Bretton Woods Conference.
• The Reserve Bank of India (RBI) is the central bank of India. It was established on April 1, 1935, under the Reserve Bank of India Act, 1934. The RBI is responsible for regulating the Indian banking system and maintaining monetary stability in the country.
• The Ministry of Finance is the apex controlling authority of four central civil services namely Indian Revenue Service, Indian Audit and Accounts Service, Indian Economic Service and Indian Civil Accounts Service.