CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many number of core Industries which comprise nearly 38 percent of the Index of Industrial Production (IIP) that was released on 31 May 2016
A
6
B
7
C
8
D
9
Explanation: 

Detailed explanation-1: -The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP).

Detailed explanation-2: -Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). Details of annual and monthly indices and growth rates are provided at Annex I & II respectively.

Detailed explanation-3: -The Eight Core Industries These industries comprise a total of 40.27% of the total weight of the overall items that are included in the Index of Industrial Production (IIP). The Index of Eight Core Industries highest weight is currently possessed by the Refinery Products Industry.

Detailed explanation-4: -The eight core industries of IIP are coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity. They have a combined weight of 40.3% in IIP.

Detailed explanation-5: -The Eight Core Industries comprise nearly 40.27% of the weight of items included in the Index of Industrial Production (IIP). These are Electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilisers.

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