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The Index of Industrial Production (IIP) is an index which shows the growth rates in diferent industry groups of the economy in a stipulated period of time. Which of the following is not amongst the broad sectors of IIP?
1) Mining
2) Gas and Water connection
3) Manufacturing
4) Electricity
1 and 2 Only
2 and 3 Only
1, 3 and 4 Only
3 only
All of the above
Let's break down the statements:
- The Index of Industrial Production (IIP) in India measures the growth of three main industry groups:
- Mining
- Manufacturing
- Electricity
- "Gas and Water connection" is not one of the sectors included in the IIP.
- Therefore, amongst the given options, the sector not included is "Gas and Water connection".
OPTIONS:
1. 1 and 2 Only
2. 2 and 3 Only
3. 1, 3 and 4 Only
4. 3 only
5. All of the above
Explanation of options:
- Option 1 includes Mining as not part of IIP, which is incorrect.
- Option 2 and 3 include correct and incorrect sectors mixed together.
- Option 4 is wrong, as Manufacturing (3) is actually part of IIP.
- Option 5 is wrong, as not all are excluded.
The correct answer is: Option 1: 1 and 2 Only
Because only "Gas and Water connection" is not a broad sector of IIP—Mining, Manufacturing, and Electricity are part of IIP.
By: Parvesh Mehta ProfileResourcesReport error
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