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📈 EconomyUPSC 2015Fundamentals of Economy

In the ‘Index of Eight Core Industries’, which one of the following is given the highest weight?

aCoal production
bElectricity generation
cFertiliser production
dSteel production
✓ Correct answer: b) Electricity generation
ExplanationThe Index of Eight Core Industries (ICI) is a month- ly production index that measures the performance of eight crucial sectors of the Indian economy.These industries collec- tively account for 40.27% of the weight of items included in the Index of Industrial Production (IIP) as of September 2024. The eight core industries and their respective weights in the ICI are as follows : Refinery Products : 28.04% Electricity : 19.85% Steel : 17.92% Coal : 10.33% Crude Oil : 8.98% Natural Gas : 6.88% Cement : 5.37% Fertilizers : 2.63% 349

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