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What is the total cost of the integrated iron ore processing, slurry pipeline and pellet project commissioned by NMDC in Chhattisgarh?

  1. A.Rs 3,215 crore
  2. B.Rs 5,427 crore
  3. C.Rs 7,640 crore
  4. D.Rs 9,180 crore

Correct answer

B. Rs 5,427 crore

Explanation

The correct answer is Rs 5,427 crore. NMDC has commissioned a 2 MTPA pellet plant at Nagarnar in Chhattisgarh, and this plant forms the last element of an integrated venture of that value. The venture bundles together three works: a fresh iron ore processing plant at Bacheli, a slurry pipeline rated at 15 MTPA, and the pellet plant at Nagarnar. Together they connect the mining operations at Bacheli with the steel plant that the company runs at Nagarnar. Option A, Rs 3,215 crore, is wrong because it understates the outlay; no figure of that size is attached to this work. Option C, Rs 7,640 crore, is wrong for the opposite reason, since the announced value is well below it. Option D, Rs 9,180 crore, is wrong as well and is far above the amount involved. Aspirants should note that the pipeline covers 135 km, passes through 61 villages of the Bastar and Dantewada districts, and gives an alternative to carrying processed ore by road.

Read the full article: NMDC Commissions Rs 5,427 Crore Bastar Iron Ore Project

Q5.EconomyMedium

Which scheme of the MSME Ministry handholds SC/ST micro and small enterprises for public procurement?

  1. A.National SC-ST Hub Scheme
  2. B.Prime Minister's Employment Generation Programme
  3. C.Credit Guarantee Fund Trust for Micro and Small Enterprises
  4. D.Udyam Registration
Show answer
Correct answer: A. National SC-ST Hub Scheme

The Joint Secretary told the round table that the promotion and handholding done under this scheme has steadily raised the share of SC/ST micro and small enterprises in public procurement, and the scheme's field offices are the ones being asked to coordinate more closely with the Government e-Marketplace and with…