Consider the following statements: 1. Coal sector was nationalized by the Government of India under Indira Gandhi. 2. Now, coal blocks are allocated on lottery basis. 3. Till recently, India imported coal to meet the shortages of domestic supply, but now India is self-sufficient in coal production. Which of the statements given above is/are correct?

1 only
2 and 3 only
3 only
1, 2 and 3

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 1 : 1 only

The Correct Answer is Option 1 i.e. 1 only.

Coal sector was nationalised under Indira Gandhi Government in 1972 in two phases. Hence Statement 1 is Correct.
The coal Blocks are allocated through auctions and not on lottery basis. Hence Statement 2 is Not Correct.
The coal sector is the monopolistic sector in India.
India holds 5th biggest coal reserves in the world but due to incapacity of coal production by monopolistic firms, it imports coals to meet the shortages of domestic supply.
But, still the country is not self-sufficient of coal production.Hence Statement 3 is Not Correct.

4 views Answered 2022-09-04 04:29

Related Questions

Consider the following statements regarding Subhash Chandra Bose views. 1. Bose considered industrialization as a potent factor in making India strong and self-sufficient. 2. Bose did not share Gandhian ideal of “Ahimsa”. Which of the following statements given above is/are correct?

1 Answers 4 Views

There are five crude oil refining companies in India namely, A, B, C, D, and E. Statements: I. The production of Company B is more than that of Company A but not more than that of Company E. II The production of Company C is more than the production of Company B but NOT as much as that of Company D. III. The production of E is NOT as much as the production of Company D. Which of these statements is/are sufficient to answer the question that the production of which of the following companies is the highest?

1 Answers 4 Views

Consider the following statements regarding the Seed Village Concept. 1. It relates to the organizing seed production in cluster (or) compact area. 2. Self-sufficiency and self-reliance of the village in terms of seed production Which of the following statements given above is/are correct?

1 Answers 4 Views

In the question below, a passage is given followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Passage: Chinese firms like Xiaomi are facing delays in getting approvals from India’s quality control agency for their goods, as the business environment deteriorates after a clash on their Himalayan border. Chinese smartphone brands, including Oppo and Xiaomi, account for eight of every 10 smartphones sold in India. While the two companies assemble most of their models in India, several components are imported from China. Courses of action: I. Oppo and Xiaomi must be asked to ensure strict adherence to quality standards. II. Indian Public-Sector banks must be asked to give interest-free loans to Indian smartphone makers so that they could raise the capital required to compete with Chinese smartphones. III. Ways to incentivize Indian smartphone makers must be explored- Including tariffs and quotas on Chinese goods.?

1 Answers 4 Views

With reference to the governance of public sector banking in India, consider the following statements: 1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade. 2. To put the public sector banks in order the merger of associate banks with the parent state Bank of India has been affected. Which of the statements given above is/are correct?

1 Answers 4 Views

Consider the following statements: 1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities. 2. Treasury bills are issued by the Government of India and there are no treasury bills issued by the State Governments. 3. Treasury bills offer are issued at a discount from the par value. Which of the statements give above is/are correct?

1 Answers 4 Views

Consider the following statements: 1. The quantity of imported edible oils is more than the domestic production of edible oils in the last five years. 2. The Government does not impose any customs duty in all the imported edible oils as a special case. Which of the statements given above is/are correct?

1 Answers 4 Views

Consider the following statements: 1. The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments. 2. The Central Government has domestic liabilities of 21% of GDP as compared to that of 49% of GDP of the State Governments. 3. As per the Constitution of India, it is mandatory for a State to take the Central Government's consent for raising any loan if the former owes any outstanding liabilities to the latter. Which of the statements given above is/are correct?

1 Answers 4 Views

Consider the following statements regarding Priority Sector Lending (PSL) 1. At present, all domestic scheduled commercial banks and all foreign banks are required to meet a target of 40 per cent of their Adjusted Net Bank Credit (ANBC) for Priority Sector Lending 2. Regional Rural Banks (RRBs) and Small Finance Banks (SFBs) are required to meet a target of 75 per cent towards PSL Which of the above statements is correct?

1 Answers 4 Views

Below are given statements followed by some conclusions. You have to take the given statements to be true even if they seem to be variance with the commonly known facts and then decide which of the given conclusions logically follow(s) from the given statements. Statement: Domestic demand has been increasing faster than the production of indigenous crude oil. Conclusions: I. Crude oil must be imported. II. Domestic demand must be reduced. A. Only conclusion I follows B. Only conclusion II follows C. Neither I nor II follows D. Both I and II follow?

1 Answers 4 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)