The use-based classification of IIP includes Primary Goods, Capital Goods, Intermediate Goods, Consumer Durables, and Consumer Non-Durables. The weights assigned to these categories reflect their relative contribution to overall industrial production.
As per the use-based classification of the Index of Industrial Production (IIP), the maximum weight has been assigned to
Asked in UPSC CDS 2 2020 · Topic: Industrial Sector (Performance and Trends of Industrial Growth (Contribution to GDP, Employment, Index of Industrial Production))
More Economic Development questions
- The Department for Promotion of Industry and Internal Trade (DPIIT) has revised the base year index of Eight Core Industries having a combined weight of about 40.27 percent in the Index of Industrial Production. Which one of the following is not one of the Eight Core Industries ?
- Which one of the following statements for a firm's equilibrium in Perfect Competition is not correct ?
- Which one of the following states is the largest-producer of petroleum in 2013-14 ?
- Which is not included in 8 core sectors in India ?
- What is the weightage (in percent) of manufactured products in calculation of Wholesale Price Index (WPI)?
- Which of the following State was the highest iron-ore producing State in the year 2023 – 24 in India ?
- The ratio of the prices of two houses was 16 : 23. Two years later when the price of the first house has increased by 10% and that of the second by Rs. 477, the ratio of the new prices becomes 11 : 20. What are the original prices of the two houses?
- Two friends P and Q are employed to do a piece of work in 18 days. If P is twice as efficient as Q, what is the time taken by Q to do the work alone?
