UPSC Prelims 2012·GS1·economy·economic sectors and development

In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37.90%. Which of the following are among those Eight Core Industries? 1. Cement 2. Fertilizers 3. Natural gas 4. Refinery products 5. Textiles Select the correct answer using the codes given below:

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  1. A1 and 5 only
  2. B2, 3 and 4 only
  3. C1, 2, 3 and 4 onlyCorrect
  4. D1, 2, 3, 4 and 5

Explanation

The Index of Eight Core Industries comprises the most fundamental sectors of the Indian economy. These eight industries are Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity. Together, they comprise approximately 40.27 percent of the weight of items included in the Index of Industrial Production. In the given list, Cement, Fertilizers, Natural Gas, and Refinery Products are part of these eight core sectors. Textiles, while a major industry in India, is not classified as one of the eight core industries. Therefore, points 1, 2, 3, and 4 are correct, while point 5 is incorrect. This makes option C the right answer.
economy: In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of

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