economics easy MCQ

How many industries are classified as 'Core Industries' for the purpose of calculating the Index of Industrial Production (IIP) in India?

  1. 6
  2. 8
  3. 10
  4. 12

Answer: 8

The Eight Core Industries (Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity) comprise over 40% of the weight of the items included in the IIP. They are considered leading indicators of overall industrial and economic activity.

Topic Indian Economy - Industry
Exam Relevance SSC, Railway, UPSC
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