IIP - Current Affairs Questions and Answers

ANSWER: 3.2%

Explanation:
India’s Index of Industrial Production for the month of November has fallen by 3.2% as against 9.8% in October while CPI has risen for the month of December to 5.6% compared to 5.41 percent for November. As per the CNBC TV 18 poll, CPI has come to around 5.5% while consensus was expecting IIP to come down to levels of 1.8 to 2 percent.

ANSWER: 9.8%

Explanation:
From the 4 month low touched in September, the index of industrial production stood at 9.8 percent as against 3.6 percent month-on-month. Higher than expected figure was due to re festive ramp up and growth in mining as well as electricity and favourable base. October IIP figure comes in conjunction with the November reading . Electricity generated expanded 9 percent and the mining sector grew to 4.7 percent. General index for October 2015 was pegged at 181.3 that is 9.8 percent higher compared with October 2014.