The Index of Industrial Production:
1. is released every fortnight
2. has 3 main categories of items viz. mining, manufacturing and electricity
Which of the above is / are correct?

Answer: [B] Only 2

The first statement is incorrect because IIP data is released every month and not every fortnight. Second statement is correct because items are categorised into three sectors: mining, manufacturing and electricity sector.

This question is a part of GKToday's Integrated IAS General Studies Module