economics medium MCQ

The Index of Industrial Production (IIP) is compiled and published monthly by which organization?

  1. Central Statistics Office (now NSO)
  2. Office of the Economic Adviser (OEA)
  3. NITI Aayog
  4. Department of Industrial Policy and Promotion

Answer: Central Statistics Office (now NSO)

The NSO (under MoSPI) releases the IIP data with a lag of six weeks from the reference month. It measures the short-term growth of a basket of industrial products, with manufacturing accounting for the vast majority (over 77%) of its total weight.

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