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104

Q:

Which of the following sectors has the highest arithmetic weighted mean in the Industrial Production Index?

  • 1
    Steel
  • 2
    Refinery products
  • 3
    Coal
  • 4
    Cement
  • Show Answer
  • Workspace

Answer : 2. "Refinery products"
Explanation :

Explanation: The arithmetic weighted mean of petroleum refinery production is the highest (28.04%) among the eight major sectors of the economy. The arithmetic weighted mean of eight major industries included in the Industrial Production Index is 40.27.

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Basic GK Economics GK

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