ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Index of Industrial Production (IIP) is an indicator

    that measures the changes in the volume of production of industrial products during a given period. which of the following are not amongst sectors under IIP I) Mining II) Gas and Water connection┬а III) Manufacturing┬а IV) Electricity
    A I and II only Correct Answer Incorrect Answer
    B II and III only Correct Answer Incorrect Answer
    C I, II and III only Correct Answer Incorrect Answer
    D III only Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    IIP is an indicator that measures the changes in the volume of production of industrial products during a given period. It is compiled and published monthly by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation. The eight core sector industries represent about 40% of the weight of items that are included in the IIP. The eight core industries in decreasing order of their weightage: Refinery Products > Electricity> Steel > Coal> Crude Oil> Natural Gas> Cement> Fertilizers. It covers 407 item groups included into 3 categories viz. Manufacturing, Mining and Electricity.

    Practice Next
    More Economic and Social Issues ESI Questions

    Relevant for Exams:

    ask-question