Government to scrap NSO’s consumer expenditure survey

The ministry of statistics and programme implementation (MOSPI) has decided  has decided to scrap the National Statistical Officer’s (NSO’s) consumer expenditure survey conducted in 2017-18 because of “data quality” issue.  The survey shows significant divergence in consumption pattern and with ..

October 20: World Statistics Day

The World Statistics Day was celebrated for the first time in 2010. It was declared by the United Nations Statistical Commission. It is celebrated once in 5 years. India celebrates Statistics Day on 29th June, on the birthday of the ..

Month: Current Affairs - October, 2019

National Statistics Day: June 29

The National Statistics Day is celebrated every year on June 29 in India to create public awareness about the importance of statistics in socio-economic planning and policy formulation. The day also acknowledges notable contribution of Late Professor Prasanta Chandra Mahalanobis ..

Month: Current Affairs - June, 2018

2018 National Statistics Day (NSD)

The “Statistics Day” is celebrated every year on June 29 at the National level in India to create public awareness about the importance of statistics in socio-economic planning and policy formulation. The day also acknowledges the notable contribution of Late ..

What are Actuaries?

An Actuary is a person who has expertise in the fields of economics, statistics and mathematics and helps in assessing risks and estimation of premiums for insurance firms. Advanced techniques, statistical and analytical skills are needed for evaluating risks and ..