CURRENT AFFAIRS

2023

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

By what percentage (provisional) did the combined Index of Eight Core Industries (ICI) increase in March 2023 as compared to the Index of March 2022?

A	3.5%
B	3.6%
C	3.7%
D	3.8%

Explanation:

Detailed explanation-1: -INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR MARCH, 2023. The combined Index of Eight Core Industries (ICI) increased by 3.6 per cent (provisional) in March 2023 as compared to the Index of March 2022.

Detailed explanation-2: -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).

Detailed explanation-3: -There are 8 such sectors in India. The industries included in the eight-core sectors are coal, crude oil, natural gas, refinery products, fertilizer, steel, cement, and electricity. This article discusses the core sectors of the economy which is important to understand for aspirants preparing for the UPSC examination.

There is 1 question to complete.