IAS Economy Practice Question . 20

Consider the following core industries of India
1. Crude Oil production
2. Electricity generation
3. Coal production
Which among the following is the correct decreasing order of their weight in the Index of Industrial Production (IIP)?
[A]1, 2, 3
[B]2, 1, 3
[C]3, 1, 2
[D]3, 2, 1

Answer: 2, 1, 3
Crude Oil production →(weight of 4.17% in the IIP)
Petroleum refinery production→ (weight of 2.00% in the IIP)
Coal production→ (weight of 3.2% in the IIP)
Electricity generation →(weight of 10.17% in the IIP)
Cement production →(weight of 1.99% in the IIP)
Finished (carbon) →Steel production (weight of 5.13% in the IIP)

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