CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one has released the Index of Eight Core Industries?
A
Ministry of Finance
B
NITI Aayog
C
Office of Economic Adviser
D
None of these
Explanation: 

Detailed explanation-1: -ICI measures combined and individual performance of production of eight core industries viz. 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).

Detailed explanation-2: -The compilation and releasing of the index are done by the Office of the Economic Adviser (OEA), Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry.

Detailed explanation-3: -INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR SEPTEMBER, 2022.

Detailed explanation-4: -Who publishes the Index of Industrial Production [IIP] in India? The Index of Industrial Production [IIP] is calculated and published every month by the CSO, Ministry of Statistics and Programme Implementation in India.

Detailed explanation-5: -The eight core sector industries in decreasing order of their weightage: Refinery Products> Electricity> Steel> Coal> Crude Oil> Natural Gas> Cement> Fertilizers.

There is 1 question to complete.