Prelims 2015 · Economy · Question 8
In the 'Index of Eight Core Industries', which one of the following is given the highest weight?
Answer
Electricity generation
- (a) Coal production: Coal has a high weight in the Index of Eight Core Industries, but it is lower than electricity. Verdict: Incorrect.
- (b) Electricity generation: Electricity has the highest weight in the Eight Core Industries index (around 19.85% in the 2011-12 series). Verdict: Correct.
- (c) Fertilizer production: Fertilizers have a much smaller weight than electricity, coal, or steel. Verdict: Incorrect.
- (d) Steel production: Steel has a significant weight, but it is still below electricity. Verdict: Incorrect.