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Which of the following is among the industries used for calculating the Index of Eight Core Industries in India?1. Aluminium2. Copper3. Textile4. Refinery products

Answer» Correct Answer - Option 4 : Refinery products

The correct answer is Refinery products.

  • GDP is the measure of the overall activity (production) in the Indian Economy.

  • Index of Industrial Production (IIP) is an index that helps us to keep track of the growth of various sectors such as mining, electricity, and manufacturing.
  • For calculating the Index of Eight Core Industries in India, the base year is 2011-2012.
  • The Eight Core Industries consists of nearly 40.27% of the weight of items included in the Index of Industrial Production (IIP).
  • These are Electricity, steel, refinery products, crude oil, coal, cement, natural gas, and fertilizers.


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