UPSC Prelims Practice Questions — INDEX OF EIGHT CORE INDUSTRIES (BASE YEAR: 2011-12=100) FOR MARCH, 2026
Q1. The infrastructure-output index released monthly by the Office of the Economic Adviser, and popularly cited as a lead indicator of industrial activity, tracks the production of how many core industries?
- A. Six
- B. Seven
- C. Eight
- D. Nine
Q2. The current base year of the Index of Eight Core Industries (2011-12=100) was adopted in alignment with the revised series of which one of the following?
- A. Wholesale Price Index (WPI)
- B. Index of Industrial Production (IIP)
- C. Consumer Price Index (CPI)
- D. Gross Value Added (GVA) series
Q3. In the expression 'Index of Eight Core Industries (Base Year: 2011-12=100)', what does the term '2011-12=100' precisely denote?
- A. 2011-12 is the reference year whose production level is set at 100, against which every later month's output is measured
- B. 2011-12 is the year in which combined core-sector output first crossed a value of 100
- C. The eight core industries together grew by 100 per cent in 2011-12
- D. The index cannot exceed a maximum value of 100 in any month after 2011-12
Q4. The Index of Eight Core Industries combines the eight industries using fixed base-year weights. Which index-number formula is used to aggregate them?
- A. Paasche's formula
- B. Fisher's ideal formula
- C. Laspeyres formula
- D. Marshall-Edgeworth formula
Q5. The sectoral weights currently in force in the ICI — Petroleum Refinery Products 28.04, Electricity 19.85, Steel 17.92 and so on — belong to which base year?
- A. 1993-94
- B. 1999-2000
- C. 2004-05
- D. 2011-12
Q6. Under the current 2011-12 series the eight core industries account for 40.27 per cent of the IIP. Under the earlier 2004-05 base-year series, what share of the IIP did they account for?
- A. 26.7 per cent
- B. 37.9 per cent
- C. 40.27 per cent
- D. 45.5 per cent
Q7. Within the Index of Eight Core Industries, which single industry carries the highest weight?
- A. Electricity
- B. Steel
- C. Petroleum Refinery Products
- D. Coal
Q8. The Index of Core Industries expanded from six industries to eight when two industries — Natural Gas and Fertilizers — were added. This expansion coincided with the adoption of which base year?
- A. 1993-94
- B. 1999-2000
- C. 2004-05
- D. 2011-12
Q9. In the provisional Index of Eight Core Industries for March 2026, how many of the eight industries recorded negative (year-on-year) growth?
- A. Two
- B. Three
- C. Four
- D. Five
Q10. Unlike the Index of Eight Core Industries, which is released by the Office of the Economic Adviser (Ministry of Commerce & Industry), the Index of Industrial Production (IIP) is released by which one of the following?
- A. Reserve Bank of India
- B. NITI Aayog
- C. National Statistical Office (MoSPI)
- D. Office of the Economic Adviser