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Index of industrial production (IIP) is released monthly by NSO -: It is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period. It is based on Core Industries (weighing 38%) and other industries. There are eight Core Industries in India (with the Base: 2011-12=100). They together have a combined weight of 37.90% in the IIP. It includes 3 types of sectors: Manufacturing, Mining and Utility.
Consider the following statements with respect to the amendments in the limits of e-mandates by the Reserve Bank of India-
I.The Reserve Bank of ...
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