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Question

Consider the following statement about the growth of Core sector?

I. There are eight sectors that are considered the core sectors.

II. The eight industries have a combined share of 40.27 per cent in the Index of Industrial Production (IIP).

III. Telecom sector is also the part of eight core sector.

Which of the above statement is/are not correct?

A I and II Both Correct Answer Incorrect Answer
B II and III Both Correct Answer Incorrect Answer
C I and III Both Correct Answer Incorrect Answer
D III only Correct Answer Incorrect Answer
E All are correct Correct Answer Incorrect Answer

Solution

In India, there are eight sectors that are considered the core sectors. The eight-core sectors of the Indian economy are electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers. The eight industries have a combined share of 40.27 per cent in the Index of Industrial Production (IIP).

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