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Question

Q. Which of the following is the correct descending order of weightage of the following industries in the Index of Eight Core Industries?

Select the correct answer using the code given below:


A

3-1- 2- 4
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B

4 -1- 3- 2
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C

2 -1- 3- 4
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D

1 -3- 2- 4
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Solution

The correct option is A
3-1- 2- 4

Explanation: The country’s core sector, comprising eight key industries, has huge multiplier effects in the economy. These industries are coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity. The weight of the 8 Core Sector Industries are as follows:

Refinery products (weight: 28.04 per cent), Electricity (weight: 19.85 per cent), Steel (weight: 17.92 per cent), Coal (weight: 10.33 per cent), Crude Oil (weight: 8.98 per cent), Natural Gas (weight: 6.88 per cent), Cement (weight: 5.37 per cent), and Fertilizers (weight: 2.63 per cent). Thus, 3-1-2-4 is the correct descending order.


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