The index of industrial production (IIP) contracted 34.7% in May to an expansion of ………….

The index of industrial production (IIP) contracted 34.7% in May to an expansion of ………….

Q. The index of industrial production (IIP) contracted 34.7% in May to an expansion of ………….

(i) 39.3% during the month

(ii) 4.4% in the year

(iii) 4.5% in the year-ago month

(iv) 34.7% in the year

Answer: (iii) 4.5% in the year-ago month

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