In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37-90%. Which of the following are among those Eight Core Industries? 1. Cement 2. Fertilizers 3. Natural gas 4. Refinery products 5. Textiles Select the correct answer using the codes given below :

1. The Index of Industrial Production (IIP) is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period. 2. The Eight Core Industries comprise a significant portion of the IIP, and their performance is considered a lead indicator of overall industrial growth. The combined weight mentioned (37.90%) was relevant for the base year used around 2012 (2004-05 base). (Note: The current weight with base 2011-12 is slightly different, around 40.27%). 3. The Eight Core Industries are: Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity. 4. Evaluating the options provided: - Statement 1 (Cement): Yes, it is one of the Eight Core Industries. - Statement 2 (Fertilizers): Yes, it is one of the Eight Core Industries. - Statement 3 (Natural gas): Yes, it is one of the Eight Core Industries. - Statement 4 (Refinery products): Yes, it is one of the Eight Core Industries. - Statement 5 (Textiles): No, Textiles is not included in the Eight Core Industries group, although it is part of the broader IIP calculation. 5. Therefore, statements 1, 2, 3, and 4 are correct.