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Question
Read the following table carefully and give your comments.
INDEX OF INDUSTRIAL PRODUCTION BASE 1993-94
| Industry | Weight in % | 1996-97 | 2003-2004 |
| General index | 100 | 130.8 | 189.0 |
| Mining and quarrying | 10.73 | 118.2 | 146.9 |
| Manufacturing | 79.58 | 133.6 | 196.6 |
| Electricity | 10.69 | 122.0 | 172.6 |
Short/Brief Note
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Solution
The following conclusions can be made by analyzing the above table.
- Manufacturing Industry has the highest weight of 79.58% as compared to the Mining and Quarrying and Electricity Industries that account for 10.73% and 10.69% respectively.
- The production of the Manufacturing Industry is higher than that of the Mining and Quarrying and Electricity Industries in both the years 1996-97 and 2003-04.
- Mining and Quarrying have the least growth performance while that of the Manufacturing Industry is the highest.
- The General Index is comparatively higher in the year 2003-04 than 1996-97.
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Types of Index Number - Index of Industrial Production
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