With reference to the Index of Industrial Production (IIP), consider t – McqOptions

MCQOPTIONS

1.	With reference to the Index of Industrial Production (IIP), consider the following statements:n1. It measures long-term changes in the volume of production of many industrial products.n2. The current base year of IIP is 2011-2012.nWhich of the above statements is/are correct?
A.	only 1
B.	only 2
C.	both 1 and 2
D.	neither 1 nor 2
Answer» C. both 1 and 2

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