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UPSC Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Industries and Infrastructure

  • question_answer
          Consider the following statements:
    1. MMTC limited is India's largest international trading organisation.
    2. Neelanchal Ispat Nigam Limited has been set Up by MMTC jointly with the government of Odisha.
    Which of the statements given above is/are correct?

    A) 1 only              

    B) 2 only

    C) Both 1 and 2

    D)        Neither 1 nor 2

    Correct Answer: C

    Solution :

    MMTC Ltd., Metals and Minerals Trading Corporation of India, is one of the two highest earners of foreign exchange for India and India's largest public sector trading body. Neelanchal Ispat Nigam Limited (NINL), is a company promoted by MMTC Ltd, Industrial Promotion and Investment Corporation ot'Orissa limited (IPICOL).


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