Which of the following is true about Index of Industrial Production (IIP)?
1. It measures the general level of industrial activity
2. It does not show volume of activity.
3. It only shows the magnitude which represents the status of production.
4. The first IIP was published in 1990.
Choose the correct answer using the codes given below


A) 1 and 2

B) 2 and 3

C) 1, 2 and 3

D) All of these

Correct answer:
C) 1, 2 and 3



Please provide the error details in above question