economics medium MCQ

Which of the following is NOT one of the eight core industries used to calculate the Index of Industrial Production (IIP)?

  1. Coal
  2. Cement
  3. Textiles
  4. Refinery Products

Answer: Textiles

The eight core industries are Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity. Textiles, despite being a major employment-generating sector, is not classified as a 'core' infrastructure industry for the purpose of the IIP's leading indicator metrics.

Topic Indian Economy - Industry
Exam Relevance UPSC Prelims, SSC CGL, Banking