Industrial Sector (Part – III)

Total Questions: 50

11. The development of tourism and hotel industry in India is the function of: [U.P.P.C.S. (Mains) 2004]

(a) I.A.A.I.
(b) I.T.D.C.
(c) I.T.C
(d) H.I.C

Correct Answer: (b) I.T.D.C.

Solution:ITDC (India Tourism Development Corporation) came into existence in October 1966 and has been the prime mover in the progressive development, promotion and expansion of tourism and hotel industry in the country. At present, the shareholding of Government of India in ITDC is at 87.03%.

12. In which of the following years was the BSNL established? [U.P. Lower Sub. (Pre) 2009]

(a) 2000
(b) 2001
(c) 2002
(d) 2003

Correct Answer: (a) 2000

Solution:Bharat Sanchar Nigam Limited (BSNL) was formed by corporatization of the erstwhile Department of Telecom Services in the year 2000. It provides mobile voice and internet services through its nationwide telecommunications network across India. It is under the ownership of Department of Telecommunications, Government of India.

13. In which one of the following Public Sector Enterprises the Government has 100% equity? [U.P.P.C.S. (Spl.) (Mains) 2008]

(a) BSNL
(b) NTPC
(c) BHEL
(d) State Bank of India

Correct Answer: (a) BSNL

Solution:Among the given CPSEs, BSNL is a 100% Government of India owned Public Sector Enterprise.

14. which among the following was not the profit making central public sector enterprises during 2013-14? [M.P.P.C.S. (Pre) 2014]

(a) ONGC
(b) NTPC
(c) IOC
(d) BSNL

Correct Answer: (d) BSNL

Solution:When the question was asked and as per the data of year 2022-23, among the given public sector enterprises only BSNL was not in profit making position.

15. Which Central Public Enterprise has borne loss In India In the year 2014-15? [Chhattisgarh P.C.S. (Pre) 2017]

(a) Oil and Natural Gas Corporation (ONGC)
(b) National Mineral Development Corporation
(c) Bharat Sanchar Nigam Ltd.
(d) Coal India Ltd.
(e) None of these

Correct Answer: (c) Bharat Sanchar Nigam Ltd.

Solution:In the year 2014-15, the top 3 loss making Central Public Enterprises (CPSEs) were:

1. Bharat Sanchar Nigam Ltd.

2 Air India Ltd.

3 Mahanagar Telephone Nigam Ltd.

According to the Public Enterprises Survey (2022-23), released in December, 2023 by the Department of Public Enterprises, Ministry of Finance, the top 5 loss making CPSEs in 2022-23 are: 1. Hindustan Petroleum Corporation Ltd. 2. Bharat Sanchar Nigam Ltd. 3. Mahanagar Telephone Nigam Ltd. 4. Rashtriya Ispat Nigam Ltd. 5. Bharat Petro Resources Lid.

16. The Gas Authority of India Ltd. has planned to invest Rs. 8,000 crores for laying pipelines from: [U.P.P.C.S. (Mains) 2008]

(a) Vijaywada to Mathura
(b) Vijayawada Vijaipur
(c) Cochin to Hazira
(d) Hazira to jagdishpur

Correct Answer: (b) Vijayawada Vijaipur

Solution:State gas utility GAIL India had proposed in 2009 to invest Rs. 8000 crore in laying a 1,100km pipelines from Vijaywada in Andhra Pradesh to Vijaipur in Madhya Pradesh.

17. Which amongst the following now decided the oil-prices in India? [U.P.P.C.S. (Pre) (Re. Exam) 2015]

(a) Ministry of Finance
(b) Respective State Governments
(c) Ministry of Petroleum
(d) Oil companies

Correct Answer: (d) Oil companies

Solution:Prices of petrol and diesel have been made market-determined by the Government with effect from 26 June, 2010 and 19 October, 2014 respectively. Since then, the Public Sector Oil Marketing Companies (OMCs) take appropriate decision on pricing of petrol and diesel in line with their international product prices, exchange rate, tax structure, inland freight and other cost elements. Since 2017, the OMCs have been following daily price revision mechanism under which the prices of petrol and diesel are revised based on the 15-day average of the product prices every morning. However, due to political reasons the Government still interfering through backdoor to keep petrol and diesel prices stable in the country.

18. The concept of 'Navratna' is associated with: [U.P.P.C.S. (Pre) 2008]

(a) selected categories of technical manpower
(b) selected export-oriented Units
(c) selected food-processing industries
(d) selected Public Sector Enterprises

Correct Answer: (d) selected Public Sector Enterprises

Solution:The concept of 'Navratna' is associated with selected Central Public Sector Enterprises (CPSEs). The Government of India in the year 1997, initially awarded the status of Navratna of 9 CPSEs, as to give them more power and autonomy to complete in the global market.

At present, the Government of India categorizes CPSEs under three categories of Miniratna, Navratna and Maharatna. This categorization is based on factors such as turnover, net worth, and net profit on an annual basis.

19. Which of the following does not enjoy 'Maharatna' status(as on February 2013)? [U.P.U.D.A./L.D.A. (Spl.) (Mains) 2010]

(a) Steel Authority of India Limited
(b) Bharat Heavy Electrical Limited
(c) Oil and Natural Gas Corporation Limited
(d) Oil India Limited

Correct Answer: (d) Oil India Limited

Solution:As per the question period, Oil India Limited (OIL) was a Navratna CPSE under the administrative control of India's Ministry of Petroleum and Natural Gas but in 2023, it is upgraded to Maharatna status. At present (As on 30 April, 2024) there are 13 Maharatna, 20 Navratna and 65 Miniratna (54 in Category-1 and 11 in Category-II) Central Public Sec- tor Enterprises (CPSEs) in India.

List of Maharatna CPSEs (As on 30 April, 2024):

1. Bharat Heavy Electricals Limited (BHEL)

2. GAIL (India) Limited

3. Coal India Limited (CIL)

4. Indian Oil Corporation Limited (IOCL)

5. NTPC Limited

6 Steel Authority of India Limited (SAIL)

7. Oil and Natural Gas Corporation Limited (ONGC)

8. Bharat Petroleum Corporation Limited (BPCL)

9 . Hindustan Petroleum Corporation Limited (HPCL)

10. Power Grid Corporation of India Limited (PGCIL)

11. Power Finance Corporation Limited (PFCL)

12. Rural Electrification Corporation Limited (REC Ltd.)

13. Oil India Limited (OIL)

Note: REC Ltd. gets Maharatna Company status in September, 2022 while Oil India Ltd. gets this status in August, 2023.

20. Which of the following Central Public Sector Enterprises (CPSE) does not fall under the category of 'Maharatna' listed (January, 2020) by the Department of Public Enterprises, Government of India? [M.P.P.C.S. (Pre) 2020]

(a) Bharat Heavy Electricals Limited
(b) Coal India Iimtied
(c) Indian Oil Corporation Limited
(d) Oil India Limited