UPSC Prelims Practice Questions — QUICK ESTIMATE OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF JANUARY 2026
Q1. The IIP draws its primary data from several source agencies. Which one of the following is the lead/nodal agency that compiles and releases the monthly Index of Industrial Production?
- A. National Statistical Office, Ministry of Statistics and Programme Implementation
- B. Reserve Bank of India
- C. NITI Aayog
- D. Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade
Q2. In the IIP (base 2011-12), the 839 items selected across the three broad sectors are clubbed into how many item groups?
Q3. Which of the following are correctly identified as categories of the IIP use-based classification?
- Primary goods
- Capital goods
- Intermediate goods
- Basic goods
- A. 1, 2 and 3
- B. 1 and 4
- C. 2, 3 and 4
- D. 1, 2, 3 and 4
Q4. The IIP, including its use-based classification, is compiled as official statistics under the statutory authority of which one of the following?
- A. The Collection of Statistics Act, 2008
- B. The Collection of Statistics Act, 1953
- C. The Industries (Development and Regulation) Act, 1951
- D. The Census of India Act, 1948
Q5. The all-India IIP has been released as a monthly series in India since which year?
- A. 1950
- B. 1937
- C. 1951
- D. 1956
Q6. As per the Quick Estimate of the IIP for January 2026, which one of the following use-based categories recorded the highest year-on-year growth?
- A. Infrastructure/Construction goods
- B. Consumer durables
- C. Intermediate goods
- D. Capital goods
Q7. In the IIP use-based classification — the category that recorded (-)2.7% in January 2026 — 'Consumer non-durables' are best described as which one of the following?
- A. Goods meant for relatively quick or single use, such as food items and fast-moving consumer products
- B. Goods with a long usable life, such as automobiles and household appliances
- C. Goods used as inputs that undergo further processing before final use
- D. Machinery and equipment that add to the economy's productive capacity
Q8. With reference to the IIP release framework, consider the following statements. Which one is NOT correct?
- The Quick Estimate pertains to the reference month and is released with a lag of about six weeks.
- Along with the Quick Estimate, the first revision (revised index) of the previous month is released.
- The final index released along with the Quick Estimate pertains to two months prior to the reference month.
- Once published, the Quick Estimate is treated as final and is never subject to subsequent revision.
- A. 1 and 3
- B. 2 and 4
- C. 4 only
- D. 1, 2 and 3