Consider the following statements about the Index of Industrial Production:
- Index of Industrial Production is published monthly by Ministry of Corporate Affairs (MCA)
- The current base year for calculating the IIP is 2010-11
Which of the above statements is/are correct?
First statement is incorrect because the Index of Industrial Production data is released by the CSO (Central Statistical Office). The Central Statistical office (CSO) comes under the Ministry of Statistics and Programme Implementation. The Ministry of Statistics and Programme Implementation is an Indian government ministry concerned with coverage and quality aspects of statistics released. Second statement is again incorrect because the current base year is 2004-05.
This question is a part of GKToday's Integrated IAS General Studies Module