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Answer : 2. "Refinery products"
Which of the following sectors has the highest arithmetic weighted mean in the Industrial Production Index?
5Q:
Which of the following sectors has the highest arithmetic weighted mean in the Industrial Production Index?
- 1Steelfalse
- 2Refinery productstrue
- 3Coalfalse
- 4Cementfalse
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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.