Q. Consider the following statements with regards to the Index of Industrial Production (IIP):

Select the correct answer using the codes given below:

1 only

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2 only

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is D Neither 1 nor 2
Explanation:

Statement 1 is incorrect. The weightage of Manufacturing, Mining and Electricity production in the overall Index of Industrial Production (IIP) is 77.63 percent, 14.37 percent and 8 percent respectively.

Statement 2 is incorrect. It is published on a monthly basis and not on a bimonthly basis.

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Similar questions

Q. Consider the following statements about IIP(Index of Industrial Production):

Select the correct answer using the code given below:

Q14. Consider the following statements about Index of Industrial Production (IIP) and the Manufacturing Purchasing Managers’ Index (PMI):

1. PMI is a private sector survey while the IIP is gauged by the government.

2. While the IIP is a measure of output, PMI, as the name suggests, measures activity at the purchasing or input stage.

Which of the statements are correct?

Consider the following statements regarding IIP:-

Which of the statement(s) given above is/are correct?

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