In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37.90%. Which of the following are among those Eight Core Industries? 1. Cement 2. Fertilizers 3. Natural gas 4. Refinery products 5. T

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Q: 64 (IAS/2012)
In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37.90%.
Which of the following are among those Eight Core Industries?
1. Cement
2. Fertilizers
3. Natural gas
4. Refinery products 5. Textiles
Select the correct answer using the codes given below:

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,125,57,8,9,125,40

keywords: 

{'eight core industries': [0, 0, 0, 2], 'industries': [6, 0, 2, 2], 'combined weight': [0, 1, 0, 0], 'core': [2, 0, 2, 8], 'industrial production': [0, 0, 1, 0], 'overall index': [0, 0, 0, 1], 'indices': [0, 0, 0, 2], 'refinery products': [0, 0, 0, 2], 'textiles': [1, 0, 3, 6], 'india': [8, 1, 7, 13], 'fertilizers': [0, 0, 0, 1], 'cement': [0, 0, 1, 4]}

In the Indian economy, the Index of Industrial Production comprises of eight core industries which have a combined weight of 37.90%. These industries are coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity.

For the given options:

Option 1 indicates Cement and Textiles which isn`t correct because Textiles are not part of the eight core industries.

Option 2 contains Fertilizers, Natural Gas, and Refinery Products which are indeed part of the eight core industries but it doesn`t include all of them, hence it is not the correct answer.

Option 3 incorporates Cement, Fertilizers, Natural Gas, and Refinery Products. All of these are part of the eight core industries and it`s the best answer from the provided options, even though it does not list all of them.

Option 4 includes Textiles, which is not a part of the eight core industries, so this option is incorrect.

Therefore, among the given options, option 3 is the correct answer.