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Q. Which has the highest weightage in the Index of Industrial Production (IIP)?
Answer: Refinery Products
Notes: Refinery products have the highest weightage of 28.04% in the Index of Industrial Production as per the IIP series with base year 2011-12. The Index of Industrial Production was first published in 1937. The IIP is calculated and released by the National Statistical Office, Ministry of Statistics and Programme Implementation, Government of India.
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