Economics • Indian EconomyHard
Evaluate the composition of the Index of Eight Core Industries compiled in India for measuring infrastructure performance. Which sector carries the highest individual weight within this index?
A. Coal production
B. Crude oil extraction
C. Electricity generation✓ Correct Answer
D. Natural gas output
💡 Solution & Explanation
Electricity generation carries the highest weightage among the eight core industries in India, followed closely by sectors like refinery products, steel, and coal. The eight core industries comprise coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity, collectively representing over forty percent of the Index of Industrial Production. This index serves as a vital monthly barometer of core industrial health.
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