11. The “core sector” in industrial production data refers to:
a) Essential industries for economic growth
b) Industries with high labor intensity
c) Industries with high capital investment
d) Industries with high export potential
12. The eight core sectors in India include:
a) Agriculture, textile, and construction
b) Mining, manufacturing, and services
c) Energy, infrastructure, and finance
d) Coal, steel, electricity, and more
13. The Index of Industrial Production (IIP) in India includes the following sectors:
a) Agriculture and manufacturing
b) Mining and services
c) Manufacturing, mining, and electricity
d) Services and construction
14. The IIP is calculated based on the:
a) Quantity of industrial production
b) Value of industrial production
c) Employment in the industrial sector
d) Profits of industrial companies
15. Which of the following is not a component of the IIP calculation?
a) Weighting of different industries
b) Seasonal adjustments
c) Inflation adjustments
d) Base year revision