Economics • Indian EconomyMedium
Which of the following indices is released by the Reserve Bank of India to track the trajectory of capacity utilization in the manufacturing sector based on its quarterly order books, inventories, and capacity utilization survey (OBICUS)?
A. Consumer Confidence Index
B. Order Books, Inventories and Capacity Utilisation Survey Index✓ Correct Answer
C. Inflation Expectations Survey Index
D. Financial Inclusion Index
💡 Solution & Explanation
The Reserve Bank of India utilizes the Order Books Inventories and Capacity Utilisation Survey to track operational parameters and slack in the manufacturing sector. Consumer confidence and inflation expectations surveys serve different macroeconomic forecasting objectives. Central bank surveys are vital for monetary policy formulation.
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