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The base financial year for the calculat...

The base financial year for the calculation of the All India Index of industrial production (IIP) is

A

2010-2011

B

2004-2005

C

2011-2012

D

2005-2006

Text Solution

Verified by Experts

The correct Answer is:
C
The base year in economics is used to set the starting point of the comparison. The Central Statistics Office (CSO) revised the base year of the all-India Index of Industrial Production (IIP) from 2004-05 to 2011-12 on 12 May 2017.
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