How many core infrastructure sectors are known as core industries in the Indian economy for the Index of Industrial Production (IIP) data?
- A5
- B6
- C7
- D8
Solution & Step-by-step Explanation
There are 8 core industries in India that make up nearly 40.27% of the weight of items included in the Index of Industrial Production (IIP). These are Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity.