2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Department of Financial Services
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National Statistical Office
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NITI Aayog
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Department of Economic Affairs
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Detailed explanation-1: -The Index of Industrial Production (IIP) is an index that indicates the performance of various industrial sectors of the Indian economy. It is calculated and published by the Central Statistical Organisation (CSO) every month.
Detailed explanation-2: -As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector’s output grew by 6.1% in November 2022.
Detailed explanation-3: -The Office of the Economic Advisor, Ministry of Commerce and Industry made the first attempt of compilation and release of IIP with base year 1937, covering 15 important industries, accounting for more than 90% of the total production of the selected industries.
Detailed explanation-4: -Detailed Solution. The correct answer is The Central Statistics Office (CSO). The Index of Industrial Production is an index that tracks manufacturing activity in different sectors of an economy.
Detailed explanation-5: -The correct answer is Central Statistics Oce. The Index of Industrial Production (IIP) is computed and published by the Central Statistical Organisation (CSO) on a monthly basis.