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Question

The Index of Industrial Production (IIP) is an index that shows the growth rates in different industry groups of the economy in a fixed period of time. What is the base year of IIP?

The correct answer is

2011-12

The base year for the Index of Industrial Production (IIP) in India is 2011-12.

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Important Questions from Business and Economy

  1. As of December 2019, _______ was the largest crude oil supplier to India.

  2. Which company recently became the 1st Indian company to hit the ₹10 Lakh Crore market valuations?

  3. Merchant discount rate refers to ______

  4. Which of the following states was awarded by the Union Government for being the best state in the fisheries sector amongst hilly and north-eastern states for the year 2019-2020?

  5. Name the company that has acquired an online travel portal Yatra Online Inc., for an enterprise value of $337.8 million, in an all-stock transaction.

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