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Industrial activity Jumps to 7.1% in April

Published on June 11, 2022
Current Context: According to the index of industrial production Industrial activity in April jumped 7.1% year on year compared to 1.9% in March.
Industrial activity Jumps to 7.1% in April
  • As per the data released by the Ministry of Statistics and Programme Implementation, the larger growth seen in the mining sector was 7.8% in April 2022.
  • Followed by the manufacturing sector at 6.3%. and the Power sector at 11.8%.
  • The primary goods segment, which accounts for nearly 34% of the index, expanded by 10% in April 2022.
  • In addition to it, Reserve Bank retained its GDP growth forecast at 7.2 for the current fiscal.
  • Apart from that manufacturing and services purchasing managers' indices (PMIs) for May point towards further expansion of activity.

Question:

Q.1 As per the Index of Industrial Production the industrial activities jump to _______ in April 2022?
a. 7.8%
b. 7.7%
c. 7.1%
d. 7.2%
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