UPSC Prelims 2006 Q25: Current Affairs – Business & Economy
Consider the following statements:
1. Petronet LNG Ltd. is setting up another LNG terminal at Mangalore.
2. The Head Office of the Dredging Corporation of India is at Visakhapatnam.
3. The Narwapahar Mine is operated by the Uranium Corporation of India Limited.
Which of the statements given above are correct?
- (a) 1, 2 and 3
- (b) 1 and 2 only
- (c) 2 and 3 only
- (d) 1 and 3 only
Answer: (a) 1, 2 and 3
Explanation
Petronet LNG, Dredging Corporation and Narwapahar mine
| Statement | Verdict | Detail |
|---|---|---|
| 1. Petronet LNG is setting up another LNG terminal at Mangalore | Correct per the published key | Petronet LNG had announced a Mangalore terminal alongside Dahej (it later shifted focus to Kochi) |
| 2. Dredging Corporation head office is at Visakhapatnam | True | Dredging Corporation of India is headquartered at Visakhapatnam |
| 3. Narwapahar mine is operated by Uranium Corporation of India Ltd | True | Narwapahar, Jharkhand, is a UCIL uranium mine |
All three statements are accepted as correct.
Answer: (a) 1, 2 and 3.
Why each option is right or wrong
- (a) CORRECT. All three statements are accepted as correct in the published key.
- (b) Incorrect. Statement 3 is also true, since UCIL runs Narwapahar.
- (c) Incorrect. Statement 1 is also accepted as correct, so '2 and 3 only' is incomplete.
- (d) Incorrect. Statement 2 is also true, since the Dredging Corporation is at Visakhapatnam.
Key point
All three statements are accepted: Petronet's Mangalore terminal, Dredging Corporation at Visakhapatnam, and UCIL's Narwapahar mine.
Remember
Dredging Corporation: Visakhapatnam; Narwapahar: UCIL.
Common mistakes
- Confusing the Dredging Corporation headquarters with Mumbai or Chennai.
- Attributing Narwapahar to another company instead of UCIL.
- Not knowing Petronet's second terminal plans of the time.
Exam tip
UCIL mines: Jaduguda, Bhatin, Narwapahar, Turamdih (Jharkhand).
Sources
- Ministry of Petroleum and Natural Gas, Government of India — Annual Report 2005–06 (Petronet LNG Limited)
- Ministry of Shipping, Road Transport and Highways — Annual Report 2005–06 (Dredging Corporation of India Limited, Visakhapatnam)
- Department of Atomic Energy, Government of India — Annual Report 2005–06 (Uranium Corporation of India Limited)