Q. Arrange the following Components according to the descending order (largest to smallest) of their weightage within the Index of Eight Core Industries:

Select the correct answer using the code below.

1-2-3

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2-3-1

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2-1-3

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3-2-1

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Solution

The correct option is C 2-1-3
Explanation:

The Index of Eight Core Industries (ICI) is a production volume index. ICI measures the collective and individual performance of production in selected eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity.

The weightage chart:

Refinery products:28.04%

Electricity:19.85%

Steel:17.92%

Coal:10.33%

Crude oil:8.98%

Natural gas:6.88%

Cement: 5.37%

Fertilizer: 2.63%

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