Q. Consider the following:
1.Manufacturing
2.Mining
3.Electricity
4.Agriculture
How many of the above sectors are included in the Index of Industrial Production (IIP) calculation?

[A] Only one

[B] Only two

[C] Only three

[D] All four

Answer: C
Notes:

Explanation – Agriculture is not included in the IIP calculation, as it falls outside the scope of industrial production. The IIP is an index that measures the growth of various industrial sectors in an economy and is used to track industrial performance and economic growth over time.

Source: The Hindu

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