wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

In the 'Index of Eight Core Industries', which one of the following is given the highest weight?

A
Coal production
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Electricity generation
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Fertiliser production
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Steel production
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Electricity generation
The weights of the eight core industries are -
Electricity (10.32%); Steel (6.68%); Petroleum refinery (5.94%); Crude oil (5.22%); Coal (4.38%); Cement (2.41%); Natural Gas (1.71%) and Fertilizer (1.25%).
These 8 industries account for 37.90% weight in the Index of Industrial production (IIP).

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Types of Index Numbers
STATISTICS
Watch in App
Join BYJU'S Learning Program
CrossIcon