economics medium Fill in the Blank

Among the eight core industries, ___ holds the highest weightage in the Index of Industrial Production (IIP).

  1. Refinery Products
  2. social
  3. 1998
  4. substitutes

Answer: Refinery Products

Petroleum refinery products hold the highest weight (approximately 28%) among the core industries, followed by electricity and steel. This reflects the critical dependence of the Indian economy and transportation sector on refined petroleum products.

Topic Indian Economy - Industry
Exam Relevance UPSC Prelims, SSC CGL, Banking
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