Part of: Miscellaneous Indian Gk set 265

Which one of the following agencies, markets steel for the public sector plants?

Category: Miscellaneous Indian Gk

Hint: Consider the role of public sector companies in the steel industry.

Correct Answer: B) SAIL

Exam Relevance: UPSC, SSC, Banking, Railways

Difficulty: Easy

Explanations:

The question asks which agency markets steel for the public sector plants in India. To understand this, it is essential to know the role of various companies and agencies in the Indian steel industry.

Steel Authority of India Limited (SAIL) is a public sector undertaking (PSU) that was established in 1973. It is one of the largest steel producers in India and is responsible for marketing steel produced by public sector plants. SAIL operates several steel plants across the country, including Bhilai, Bokaro, Durgapur, and Rourkela. The company plays a crucial role in the Indian steel industry by ensuring the distribution and sale of steel produced by these public sector plants.

On the other hand, GAIL (Gas Authority of India Limited) is a public sector company that primarily deals with natural gas and petroleum products. It is not involved in the steel industry, making it an incorrect choice for this question.

TATA STEEL, while a significant player in the Indian steel industry, is a private sector company. It markets its own steel products and does not handle the marketing of steel from public sector plants. Therefore, it is not the correct answer.

MNCC (Mahanagar Nigam Construction Corporation) is not a recognized agency in the context of steel marketing in India. It is not involved in the steel industry, making it an incorrect choice.

In summary, the correct answer is SAIL, as it is the public sector company responsible for marketing steel from public sector plants in India. Understanding the roles and responsibilities of different companies in the Indian steel industry is crucial for answering such questions accurately.

Option Analysis:
  • Option A: GAIL is a public sector company that deals with natural gas and petroleum products, not steel. Therefore, it is incorrect.
  • Option B: SAIL is the correct answer as it is the public sector company responsible for marketing steel from public sector plants in India.
  • Option C: TATA STEEL is a private sector company and does not market steel for public sector plants. Hence, it is incorrect.
  • Option D: MNCC is not a recognized agency for marketing steel in India. It is incorrect.

Mnemonic: SAIL stands for Steel Authority of India Limited, which is the key player in marketing steel from public sector plants.

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