Q. According to the Index of Industrial Production (IIP) data from the Ministry of Statistics and Programme Implementation, which indices experienced significant growth in Financial Year 2023 ?
a) Consumer goods and infrastructure/ construction goods
b) Consumer goods and capital goods
c) Manufacturing and consumer goods
d) Capital goods and infrastructure/ construction goods
Question from BPSC PT 70, 2024
The correct answer is: Option D: Capital goods and infrastructure/construction goods.
Explanation:
According to the Index of Industrial Production (IIP) data from the Ministry of Statistics and Programme Implementation, the indices that experienced significant growth in Financial Year 2023 include:
– Infrastructure/Construction Goods: This sector saw a robust growth rate of 8.1%.
– Capital Goods: This category reported an impressive growth of 10.95% during the same period.
