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According to data released by Central Statistics Office (CSO) in December 2018. factory output measured in terms of Index of
Industrial Production (IIP) grew in October 2018 as against 4.5% in September 2018.
8.1%
7.5%
6 %
6.7%
- The Index of Industrial Production (IIP) is an indicator that measures the performance and output of various sectors in the economy.
- It helps gauge the level of industrial activity and is released on a monthly basis.
- In October 2018, there was a noticeable rise in factory output in India.
- This increase followed a recorded growth of 4.5% in September 2018.
- Among the options provided:
1. 8.1% - This was the actual IIP growth rate for October 2018.
2. 7.5% is not the correct figure for October 2018.
3. 6% is below the reported growth.
4. 6.7% is also not accurate.
By: santosh ProfileResourcesReport error
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