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State PCS PYQPrelims 2024

BPSC – Combined Competitive Examination · Question 14

According to the IIP data of MoSPI, which indices experienced significant growth in FY 2023?

  1. Consumer goods and infrastructure/construction goods
  2. Consumer goods and capital goods
  3. Manufacturing and consumer goods
  4. Capital goods and infrastructure/construction goods
Show answer & explanation

Answer: (D) Capital goods and infrastructure/construction goods

Explanation

Public capex drove strong FY23 growth in capital goods and infrastructure/construction goods.

  • (A) Incorrect

    Wrong: consumer goods growth was weak in FY23.

  • (B) Incorrect

    Wrong: consumer goods did not grow significantly.

  • (C) Incorrect

    Wrong: these were not the standout indices.

  • (D) Correct

    Correct: capital goods (~13%) and infrastructure goods (~8%) grew strongly, reflecting investment.