UPSC Prelims Practice Questions — India's Index of industrial production records growth of 5.1% in May 2026

Question 1

The All India Index of Industrial Production (IIP) is compiled and published by which one of the following?

Accepted Answer

Ministry of Statistics and Programme Implementation

Answer

Department for Promotion of Industry and Internal Trade

Answer

Reserve Bank of India

Answer

Office of the Economic Adviser, Ministry of Commerce and Industry

Question 2

Within the Ministry of Statistics and Programme Implementation, the IIP is compiled and released by which lead body?

Accepted Answer

National Statistics Office (NSO)

Answer

National Sample Survey Office (NSSO)

Answer

Central Statistics Office (CSO)

Answer

Indian Statistical Service (ISS)

Question 3

In the IIP 2022-23 series, the weights assigned to the broad sectors are derived primarily on the basis of which of the following?

Accepted Answer

Each sector's share in Gross Value Added at current prices in 2022-23, per the National Accounts Statistics

Answer

Each sector's share in Gross Domestic Product at constant prices

Answer

Each sector's gross output value reported in the Annual Survey of Industries alone

Answer

Each sector's share in India's total merchandise exports

Question 4

In the IIP 2022-23 series, the item-level weights for the manufacturing sector are derived primarily from data collected through which of the following?

Accepted Answer

Annual Survey of Industries (ASI)

Answer

Periodic Labour Force Survey (PLFS)

Answer

Economic Census

Answer

Household Consumption Expenditure Survey

Question 5

With reference to the differences between the IIP 2011-12 series and the IIP 2022-23 series, consider the following statements:
1. The number of item groups increased from 407 in the 2011-12 series to 463 in the 2022-23 series.
2. The 2022-23 series introduces a new category, 'Water Supply, Sewerage and Waste Management', which was absent in the 2011-12 series.
3. The 2022-23 series narrowed coverage relative to the 2011-12 series by dropping the Mining sector.
Which of the statements given above is/are correct?

Accepted Answer

1 and 2 only

Answer

2 and 3 only

Answer

1 and 3 only

Answer

1, 2 and 3

Question 6

In the context of the 2022-23 base-year revision, the 'TAC-IIP' is best described as which of the following?

Accepted Answer

A technical advisory committee constituted to recommend the base-year revision and methodology of the IIP

Answer

A parliamentary standing committee that scrutinises industrial statistics

Answer

A statutory regulator established under the Collection of Statistics Act

Answer

A NITI Aayog task force on manufacturing competitiveness

Question 7

For how many years is the revised Wholesale Price Index series to be released alongside the new Producer Price Index before being discontinued, so as to let users switch over?

Accepted Answer

Five years

Answer

Three years

Answer

Seven years

Answer

Ten years

Question 8

Which index, released for the first time on 15 June 2026, is the one intended to eventually replace the WPI as the deflator for value-reported item groups in the IIP?

Accepted Answer

Output Producer Price Index

Answer

Input Producer Price Index

Answer

Service Producer Price Index

Answer

Consumer Price Index (Combined)

Question 9

Through the IIP's successive base-year revisions, value-reported items were historically deflated using the Wholesale Price Index, which is compiled by which body — and not by MoSPI?

Accepted Answer

Office of the Economic Adviser, DPIIT, Ministry of Commerce and Industry

Answer

National Statistics Office, MoSPI

Answer

Labour Bureau, Ministry of Labour and Employment

Answer

Reserve Bank of India

Question 10

Consider the following years:
1. 1980-81
2. 1993-94
3. 2000-01
4. 2004-05
Which of the above is/are correctly identified as base years that the IIP has actually used?

Accepted Answer

1, 2 and 4 only

Answer

2 and 3 only

Answer

1 and 3 only

Answer

3 only

Question 11

With reference to the IIP for May 2026 (new 2022-23 series), consider the following statements:
1. Manufacturing grew by 5.5 per cent year-on-year.
2. Electricity and gas supply rose by 9.9 per cent year-on-year.
3. Mining and quarrying contracted by 1.6 per cent year-on-year.
4. Capital goods was the slowest-growing among the use-based categories.
Which of the statements given above is/are NOT correct?

Accepted Answer

4 only

Answer

1 and 4 only

Answer

3 only

Answer

2 and 4 only

UPSC Prelims Practice Questions — India's Index of industrial production records growth of 5.1% in May 2026

Q1. The All India Index of Industrial Production (IIP) is compiled and published by which one of the following?

Q2. Within the Ministry of Statistics and Programme Implementation, the IIP is compiled and released by which lead body?

Q3. In the IIP 2022-23 series, the weights assigned to the broad sectors are derived primarily on the basis of which of the following?

Q4. In the IIP 2022-23 series, the item-level weights for the manufacturing sector are derived primarily from data collected through which of the following?

Q6. In the context of the 2022-23 base-year revision, the 'TAC-IIP' is best described as which of the following?

Q7. For how many years is the revised Wholesale Price Index series to be released alongside the new Producer Price Index before being discontinued, so as to let users switch over?

Q8. Which index, released for the first time on 15 June 2026, is the one intended to eventually replace the WPI as the deflator for value-reported item groups in the IIP?

Q9. Through the IIP's successive base-year revisions, value-reported items were historically deflated using the Wholesale Price Index, which is compiled by which body — and not by MoSPI?

Q10. Consider the following years: 1. 1980-81 2. 1993-94 3. 2000-01 4. 2004-05 Which of the above is/are correctly identified as base years that the IIP has actually used?