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Consider the following statements regarding Core Sector Industries;
1. All eight core sectors form part of the Index of Industrial production.
2. Index of Eight Core Industries (ICI) is a monthly index compiled and released by the Office of the Economic Adviser (OEA).
Which of the above statements is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Consider the following statements regarding Core Sector Industries;1. ...
Natural Gas, Coal, Crude Oil, Fertilizers, Petroleum Refinery Products, Steel, Cement and Electricity. It is compiled and released by the Office of Economic Adviser (OEA), Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry.
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Consider the following statements regarding Core Sector Industries;1. All eight core sectors form part of the Index of Industrial production.2. Index of Eight Core Industries (ICI) is a monthly index compiled and released by the Office of the Economic Adviser (OEA).Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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