What was the total volume of Unified Payments Interface (UPI) transactions recorded in India in August 2025?

Consider the following statements regarding the structure of the Index of Industrial Production (IIP): I. Manufacturing carries the highest weight among the sectors covered under IIP. II. Mining and Electricity are also included within the IIP framework. Which of the statements given above is/are correct?

The Department for Promotion of Industry and Internal Trade (DPIIT) reported details regarding Wholesale Price Index (WPI) inflation for March 2026. Based on the underlying drivers and sectoral performance of the index, which of the following statements is/are correct? 1. The primary driver for the WPI inflation rising to 3.88% in March 2026 was Crude Petroleum, whose inflation rate surged to 51.57% from a negative rate in the previous month. 2. The Manufactured Products group, holding a weightage of 64.23% in the index, experienced price rises across all 22 of its categories, including basic metals and textiles. 3. The WPI Food Index remained stable at 1.85%, largely supported by a significant moderation in vegetable inflation to 1.45% from 4.73% in the previous month. Select the correct option: