Q. Which of the following is / are included in the eight core industries in the Index of Industrial Production?

1. Natural Gas
2. Fertilizers
3. Crude Oil
4. Textiles

Select  the correct answer from the codes given below:
Answer: Only 1, 2 & 3
Notes: The eight core industries are cement, coal, crude oil, electricity generation, fertilizer, natural gas, petroleum refinery products, and steel. Their performance is measured by the Index of Core Industries (ICI), a production volume index from the Office of Economic Adviser, Ministry of Commerce and Industry. These industries account for 40.27% of the Index of Industrial Production (IIP), with refinery products having the highest weight, followed by electricity and steel.

This question is part of UPSC Daily 20 MCQ Series Course on GKToday Android app.