16. A high IIP growth rate indicates:
a) Decreased industrial activity
b) Increased industrial activity
c) Stagnant industrial activity
d) Irregular industrial activity
Answer: b) Increased industrial activity
17. The IIP is often used as a proxy for measuring the performance of:
a) Service sector
b) Agricultural sector
c) Industrial sector
d) Financial sector
Answer: c) Industrial sector
18. The IIP is released in which frequency in India?
a) Monthly
b) Quarterly
c) Half-yearly
d) Yearly
Answer: a) Monthly
19. Industrial production data helps in:
a) Formulating economic policies
b) Assessing economic growth
c) Identifying sectoral trends
d) All of the above
Answer: d) All of the above
20. The industrial production data is useful for:
a) Investors
b) Policymakers
c) Researchers
d) All of the above
Answer: d) All of the above
