CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The output of eight core sectors has grown to what amount in June?
A
9.4%
B
3.2%
C
4.5%
D
8.9%
Explanation: 

Detailed explanation-1: -The growth of eight core infrastructure sectors rose by 12.7% in June against 9.4% in the year-ago period, the Ministry of Commerce & Industry said on Friday.

Detailed explanation-2: -Core sector output growth continues to sizzle at 12.7% in June 2022 - The Hindu BusinessLine.

Detailed explanation-3: -The combined Index of Eight Core Industries increased by 5.4 per cent (provisional) in November 2022 as compared to the Index of November 2021. The production of Cement, Coal, Electricity, Steel and Fertilizers increased in November 2022 over the corresponding month of last year.

Detailed explanation-4: -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 yearly and monthly indices and growth rates are provided at Annex I & II respectively.

Detailed explanation-5: -Final growth rate of Index of Eight Core Industries for July 2022 is revised to 4.8% from its provisional level 4.5%. The cumulative growth rate of ICI during April-October 2022-23 was 8.2% (P) as compared to the corresponding period of last year.

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