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In the ‘Index of Eight Core Industries’, which one of the following is given the highest weight?
  • a)
    Coal production
  • b)
    Electricity generation
  • c)
    Refinery products
  • d)
    Steel production
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
In the ‘Index of Eight Core Industries’, which one of the ...
The weights of the eight core industries are - 
Electricity (10.32%); Steel (6.68%); Petroleum refinery (5.94%); Crude oil (5.22%); Coal (4.38%); Cement (2.41%); Natural Gas (1.71%) and Fertilizer (1.25%). 
These 8 industries account for 37.90% weight in the Index of Industrial production (IIP).
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In the ‘Index of Eight Core Industries’, which one of the ...
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In the ‘Index of Eight Core Industries’, which one of the following is given the highest weight?a)Coal productionb)Electricity generationc)Refinery productsd)Steel productionCorrect answer is option 'B'. Can you explain this answer?
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