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RBI Grade B Phase 1 PYP >> Jul 9, 2023 - Shift 1 >> General Awareness

Question :

Index of Eight Core Industries (ICI) refers to a production volume index that measures the collective and individual production performances of eight selected core industries. These industries comprise a total of the total weight of the overall items that are included in the Index of Industrial Production (IIP). And has the highest weight in the ICI.

1. 40.27% & Refinery Products

2. 42% & Electricity Industry

3. 50% & Coal Industry

4. 60% & Cement

5. None of these

Correct Answer : 1
Solution :

The Index of Eight Core Industries (ICI) measures the performance of eight key industries in India, accounting for 40.27% of the total weight of the Index of Industrial Production (IIP). Among these, Refinery Products hold the highest weight due to their critical role in the economy.

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