Question

The Index of Industrial Production is computed and published by the Central Statistical Organisation on a _____ basis. 
1. monthly
2. half-yearly
3. quarterly
4. yearly

Answer 1

Correct Answer - Option 1 : monthly

The correct answer is monthly.

• The Index of Industrial Production is computed and published by the Central Statistical Organisation on a monthly basis. 

• The Index of Industrial Production (IIP) is an index that shows the growth rates in different industry groups of the economy in a stipulated period of time.
• It is computed and published by the Central Statistical Organisation (CSO) on a monthly basis.
• ​IIP is an indicator that measures the growth rate of industry groups classified under,
  • Broad sectors, namely, Mining, Manufacturing, and Electricity and Use-based sectors, namely Basic Goods, Capital Goods, and Intermediate Goods.

• The current base year for IIP figures is calculated considering 2004-05.