Question

Indian manufacturing output grew by 5.6% a year between _____ and ______.
1. 1890; 1915
2. 1891; 1895
3. 1917; 1940
4. 1913; 1938

Answer 1

Correct Answer - Option 4 : 1913; 1938

The correct answer is 1913; 1938.

• Between 1913 and 1938, Indian manufacturing output grew 5.6 percent a year.
• It was well ahead of the world average of 3.3 percent.
• By 1947 the industry’s share of national output doubled to 7.5 percent from 3.4 percent.
• Manufacturing refers to industries belonging to ISIC divisions 15-37.
• Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs.
• It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources.
• The origin of value added is determined by the International Standard Industrial Classification (ISIC).

• India's manufacturing output in recent years-
  • India's manufacturing output for 2020 was $339.98B, an 11.13% decline from 2019.
  • India's manufacturing output for 2019 was $382.56B, a 4.65% decline from 2018.
  • India's manufacturing output for 2018 was $401.20B, a 0.75% increase from 2017.
  • India's manufacturing output for 2017 was $398.20B, a 14.45% increase from 2016.