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SSC CGL 2019 PYQ — Question 46

SSC CGL - 7th June 2019 - Shift 3 • General Awareness • Q46

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The base financial year for the calculation of the all India Index of Industrial Production (IIP) is:

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Correct answer: C

Explanation

The correct answer is option 3 i.e 2011-2012.

  • IIP is a key economic indicator of the manufacturing sector of the economy.
  • There is a lag of six weeks in the publication of the IIP index data after the reference month ends. IIP index is currently calculated using 2011-2012 as the base year.