UPSC Prelims 2005 Q108: Current Affairs – Business & Economy
Which one of the following pairs are correctly matched?
Enterprise - Industrial Group
1. VSNL - Bharti Group
2. Mundra Special Economic Zone Ltd - Adani Group
3. CMC Ltd - Tata Group
4. IPCL - Reliance Group
Select the correct answer using the codes given below:
- (a) 1, 2 and 3
- (b) 3 and 4
- (c) 1, 2 and 4
- (d) 2, 3 and 4
Answer: (d) 2, 3 and 4
Explanation
Enterprises and their industrial groups
| Enterprise | Group |
|---|---|
| VSNL | Taken over by the Tata Group, not Bharti — wrong |
| Mundra SEZ Ltd | Adani Group — correct |
| CMC Ltd | Tata Group — correct |
| IPCL | Reliance Group — correct |
Pairs 2, 3 and 4 are correctly matched; VSNL went to the Tata Group in 2002.
Answer: (d) 2, 3 and 4.
Why each option is right or wrong
- (a) Incorrect. Pair 1 (VSNL) is wrong.
- (b) Incorrect. Pair 2 is also correct.
- (c) Incorrect. Pair 1 (VSNL) is wrong.
- (d) CORRECT. Pairs 2, 3 and 4 are correct.
Key point
Tata: VSNL (2002), CMC. Reliance: IPCL (2002). Adani: Mundra.
Remember
VSNL was taken over by the Tata Group.
Common mistakes
- Linking VSNL with the Bharti Group.
- Forgetting that Reliance took over IPCL in 2002.
- Not knowing that CMC is a Tata company.
Exam tip
Disinvestment buyers: Tata - VSNL; Reliance - IPCL; Hindalco - Balco (Sterlite).
Sources
- Department of Disinvestment, Government of India — Annual Report 2002–03 (privatisation of Videsh Sanchar Nigam Limited and Indian Petrochemicals Corporation Limited)
- Adani Ports and Special Economic Zone Limited — Mundra Port and Special Economic Zone