Question

Which regulatory body in India launch Industrial Outlook Survey in India?

Q: Answer-Which regulatory body in India launch Industrial Outlook Survey in India?

Reserve Bank of India has launched the next round of the quarterly Industrial Outlook Survey IOS to assesses business sentiment for the current quarter and expectations for the ensuing three-month period. The survey assesses business sentiment and expectations based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment and the price situation. An additional block has been included in the survey round for assessing the outlook on key parameters for the third and fourth quarters of the 2022-23 financial year. RBI has also launched the 33rd round of the quarterly Services and Infrastructure Outlook Survey SIOS. The survey assesses the business situation for the current quarter from selected companies in the services and infrastructure sectors and their expectations for the ensuing quarter.