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UPSC Prelims 2007 Q68: Indian Economy – Infrastructure & Industry

UPSC Prelims 2007, General Studies Paper I · Indian Economy

With reference to the steel industry in India in recent times, consider the following statements: 1. Vizag Steel Plant (RINL) has been declared a Mini - Ratna. 2. Merger of IISCO with SAIL has been completed. Which of the statements given above is/are correct?
  1. (a) 1 only
  2. (b) 2 only
  3. (c) Both 1 and 2
  4. (d) Neither 1 nor 2

Answer: (c) Both 1 and 2

Explanation

Steel PSUs in India (2006-07)

StatementFactVerdict
1. RINL (Vizag Steel) declared Mini-RatnaRINL got Miniratna (Category I) status in 2006; later Navratna in 2010TRUE
2. IISCO merged with SAILIndian Iron & Steel Co. (Burnpur, WB) merged into SAIL in February 2006TRUE

Rashtriya Ispat Nigam Ltd (RINL) runs the Visakhapatnam Steel Plant — India's first shore-based integrated steel plant.

After the merger, IISCO became IISCO Steel Plant (ISP), Burnpur under SAIL.

Answer: (c) Both 1 and 2.

Why each option is right or wrong

Key point

2006: RINL (Vizag) became Miniratna; IISCO (Burnpur) merged into SAIL. RINL became Navratna in 2010.

Remember

RINL got Miniratna in 2006; IISCO merged into SAIL in 2006.

Common mistakes

Exam tip

PSU status ladder: Miniratna → Navratna → Maharatna. SAIL is a Maharatna; RINL is a Navratna.

Sources

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