The 'Index of Industrial Production' is released by: MCQ with Answer and Explanation

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The 'Index of Industrial Production' is released by:

A. Ministry of Finance

B. RBI

C. Ministry of Statistics and Programme Implementation

D. NITI Aayog

Answer: Option C

Solution (By JKSSB Mock Tests)

IIP is released by the Ministry of Statistics and Programme Implementation.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Primary deficit' is a useful measure because it shows:

A. only capital deficit

B. the entire fiscal deficit

C. only revenue deficit

D. the deficit excluding interest payments

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Correct Answer: Option D

Explanation:
Primary deficit excludes interest payments from fiscal deficit.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'General Agreement on Trade in Services' is part of:

A. IMF

B. World Bank

C. UNCTAD

D. WTO

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Correct Answer: Option D

Explanation:
GATS is a WTO agreement covering trade in services.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Blue Revolution' in India is associated with which commodity?

A. Milk

B. Pulses

C. Fish

D. Oilseeds

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Correct Answer: Option C

Explanation:
The Blue Revolution is associated with fisheries development.

This question belongs to: Economy GK Economy Set 1

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