Question

Which of the following sector comes under the eight-core industrial sector of India?

A Telecom Correct Answer Incorrect Answer
B Service Correct Answer Incorrect Answer
C Food Correct Answer Incorrect Answer
D Coal Correct Answer Incorrect Answer
E Stock exchange Correct Answer Incorrect Answer

Solution

Core Industries (core sectors) of the economy are the main or the key industries in the economy. There are 8 such sectors in India. The industries included in the eight-core sectors are coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity. The output of eight core infrastructure industries increased to a six-month high of 8.4% year-on-year (YoY) in April, 2022. The growth in these eight sectors was 62.6% in April last year due to a low base effect caused by pandemic-induced lockdowns.

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