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UPSC 2002: With reference to the public Sector Undertaking in India, consider the following statements: 1. Minerals and Metals Trading Corporation of India Limited is the largest non-oil importer of the country. 2. Project and Equipment Corporation of India Limited is under the Ministry of Industry. 3. One of the objectives of Export Credit Guarantee Corporation of India Limited is to enforce quality control and compulsory pre-shipment inspection of various exportable commodities Which of these statements is/are correct?
(a)1 only
(b)1 and 2
(c)2 and 3
(d)3 only
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Not attemptedCorrect Answer: (a) 1 only
MMTC is indeed India’s largest non-oil importer. PEC Ltd. is under the Ministry of Commerce, not Industry, and ECGC’s role is to insure export credit, not to enforce quality control or pre-shipment inspection. Hence only statement 1 is correct. ([licchavilyceum.com](https://licchavilyceum.com/upsc-civil-services-prelims-2002-solved-question-paper/?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2002 Indian Economy question?▼
The correct answer is option (a): 1 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Infrastructure & Industry question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2002, GS Paper 1, as Question 85. It falls under Indian Economy > Infrastructure & Industry.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Infrastructure & Industry?▼
UPSC has asked 74 questions from Infrastructure & Industry (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.