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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

Q1.EconomyMedium

The slurry pipeline commissioned by NMDC connects Bacheli with which location, and what is its length?

  1. A.Raipur, 210 km
  2. B.Vizag, 300 km
  3. C.Nagarnar, 135 km
  4. D.Jagdalpur, 96 km
Show answer

Correct answer: C. Nagarnar, 135 km

Explanation

The correct answer is Nagarnar, 135 km. The pipeline takes processed iron ore concentrate from Bacheli and delivers it at Nagarnar, where the company operates its steel plant, and it is rated to move 15 MTPA. Its purpose is to provide a route other than the road for moving the material, and it also lowers dependence on the railways for evacuation. On the way it passes through 61 villages spread across the Bastar and Dantewada districts of Chhattisgarh. Option A is wrong because the line does not terminate at Raipur, and no length of 210 km is involved. Option B is wrong because the destination is inside Chhattisgarh and not a coastal port, and the distance named is far too long. Option D is wrong because Jagdalpur is not given as the end point of the line, and 96 km does not match the stated length. The correct pairing to memorise is Bacheli to Nagarnar over 135 km.

Q2.EconomyMedium

Which technology is used at the new pellet plant of NMDC at Nagarnar?

  1. A.Grate Kiln process
  2. B.Straight Grate Induration
  3. C.Corex process
  4. D.Rotary Hearth Furnace
Show answer

Correct answer: B. Straight Grate Induration

Explanation

The correct answer is Straight Grate Induration. This is the technology on which the pellet plant at Nagarnar operates, producing pellets that go into steelmaking. The plant has a capacity of 2 MTPA and works on concentrate prepared from fines and slimes raised at the Bailadila mines, so material that was earlier hard to use is turned into a value-added product. Option A, the Grate Kiln process, is another pelletising route used in the industry, but it is not the one named for this plant. Option C, the Corex process, is wrong because Corex is a smelting reduction route for making hot metal and has nothing to do with pelletising. Option D, the Rotary Hearth Furnace, is wrong because that equipment is associated with direct reduction and waste recycling rather than with induration of pellets here. Candidates should also link the plant with the wider aim of NMDC to reach an iron ore production capacity of 100 million tonnes.

Q3.EconomyMedium

Who is the Chairman and Managing Director of NMDC who monitored the maiden production of the Nagarnar pellet plant from headquarters?

  1. A.Sumit Deb
  2. B.Amitava Mukherjee
  3. C.Sandeep Kumar
  4. D.N. Baijendra Kumar
Show answer

Correct answer: B. Amitava Mukherjee

Explanation

The correct answer is Amitava Mukherjee, who holds the post of Chairman and Managing Director at NMDC Ltd. Poor weather prevented him and the senior leadership from travelling to the project site, so the first production run of the pellet plant was watched live from the headquarters of the company instead. He called the day one of great pride and acknowledged that carrying out the work, which involved the processing facilities, the slurry pipeline and the pellet plant together, had been difficult. Options A, C and D name other individuals and none of them is identified with this announcement, so each is wrong. For the examination the useful pairing is the officer, Amitava Mukherjee, with the event, the commissioning of the 2 MTPA pellet plant at Nagarnar that completes a Rs 5,427 crore integrated project in Bastar, Chhattisgarh, under the Ministry of Steel.

Q4.EconomyMedium

Who represents India as its Governor at the Board of Governors of the AIIB?

  1. A.The Governor of the Reserve Bank of India
  2. B.The Union Finance Minister
  3. C.The Union Commerce and Industry Minister
  4. D.The Vice-Chairman of NITI Aayog
Show answer

Correct answer: B. The Union Finance Minister

Explanation

The correct answer is the Union Finance Minister. At the annual meeting of the AIIB Board of Governors the Union Minister for Finance and Corporate Affairs attends as India's Governor to the bank, and on this occasion she also leads a delegation of Ministry of Finance officials. Option A is wrong because the Governor of the Reserve Bank of India heads the central bank and is not the person who occupies India's seat on this board. Option C is wrong because the Commerce and Industry portfolio handles trade and industrial policy rather than representation at this bank. Option D is wrong because NITI Aayog is a policy think tank of the government and has no such representative role. Candidates should also note the bilateral meetings planned with the AIIB President and with counterparts from Jordan, Switzerland, Algeria, Saudi Arabia and Nepal.

Q5.EconomyEasy

In which city is the 11th Annual Meeting of the Board of Governors of the AIIB being held?

  1. A.Riyadh
  2. B.Abu Dhabi
  3. C.Doha
  4. D.Kuwait City
Show answer

Correct answer: C. Doha

Explanation

The correct answer is Doha. The eleventh annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank is scheduled in Doha, the capital of Qatar, and the Union Finance Minister travels there on an official visit for it. Option A, Riyadh, is the capital of Saudi Arabia, and although a Saudi counterpart is among those she is to meet, the venue is not in that country. Option B, Abu Dhabi, is in the United Arab Emirates and is not the host city. Option D, Kuwait City, is likewise a different Gulf capital. Aspirants should link the edition of the meeting, the eleventh, with the host city Doha, since a question may keep one and change the other.