5. With reference to the Index of Industrial Production (IIP), consider the following statements:
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- 1. It is compiled and published monthly by the National Statistical Office (NSO).
- 2. It measures the growth rate of only broad sectors such as Mining, Manufacturing, and Electricity.
- 3. IIP is significant because it is used by the Reserve Bank of India (RBI) for policy-Making Purposes.
Select the correct answer using the code given below: