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EconomyMedium

By what rate did the Index of Core Industries grow year-on-year in September 2026, as per the provisional data?

  1. A.5.9 per cent
  2. B.7.9 per cent
  3. C.5.1 per cent
  4. D.4.8 per cent

Correct answer

B. 7.9 per cent

Explanation

The correct answer is 7.9 per cent. The provisional Index of Core Industries for September 2026 grew by 7.9 per cent compared with September of the previous year, and this was the headline number in the release issued by the Ministry of Commerce and Industry. Option A, 5.9 per cent, is the final growth rate for August 2026, the month against which the September reading is compared. Option C, 5.1 per cent, is the cumulative growth rate of the index for the April to September 2026 period and not the growth of a single month. Option D, 4.8 per cent, is the growth rate originally reported for August before the index for that month was revised upward, after which the August figure became 5.9 per cent. Candidates should keep the monthly rate, the cumulative rate and the revised figure clearly separate, because all three appear in the same release.

Read the full article: Core Industries Index Grows 7.9 Per Cent in September 2026

Q4.EconomyMedium

Under Section 110 of which Act were the smuggled cigarettes and the truck seized?

  1. A.Customs Act, 1962
  2. B.Narcotic Drugs and Psychotropic Substances Act, 1985
  3. C.Central Goods and Services Tax Act, 2017
  4. D.Cigarettes and Other Tobacco Products Act, 2003
Show answer
Correct answer: A. Customs Act, 1962

Section 110 of that Act lets a customs officer seize goods believed liable to confiscation, and it was used to take the 43.2 lakh foreign-origin cigarettes and the truck carrying them in Mizoram.