Purchasing Managers’ Index (PMI)

1) Purchasing Manager’s Index (PMI) is an indicator of business activity in a) Manufacturingsectors b) Services sectors c) Primary sectors d) Both (a) and (b) Answer: d • PMI is an indicator of business activity- in the manufacturing and services sectors.It is a survey-based measure that asks the respondents about changes in their perception about […]

1) Purchasing Managers’ Index (PMI) doesn’t take into account of a) Primary Sector b) Secondary Sector c) Tertiary Sector d) None of the above Answer: a • It is an indicator of the economic health and investor sentiments about the manufacturing sector (Manufacturing PMI) and services sector (Services PMI). • For India, the PMI Data […]