The modern iron and steel industry in India owes its origin to the grand vision and perseverance of Jamsetji Nusserwanji Tata. The Tata Iron and Steel Company Limited (Tata Steel) was registered in Bombay on 26th August, 1907. The construction of the steel plant was then taken up in earnest with the first stake being driven in February 1908. The credit of steel manufacturing on large scale goes to Jamshed Ji Tata, who set up Tata Iron and Steel Company (TISCO) at Sakchi (Jamshedpur- Jharkhand). This plant produced iron in 1911 and steel in 1913. In 1919, Indian Iron and Steel Company established a steel plant, at Burnpur (Hira Pur-Kolkata).

Correct Option: C

The modern iron and steel industry in India owes its origin to the grand vision and perseverance of Jamsetji Nusserwanji Tata. The Tata Iron and Steel Company Limited (Tata Steel) was registered in Bombay on 26th August, 1907. The construction of the steel plant was then taken up in earnest with the first stake being driven in February 1908. The credit of steel manufacturing on large scale goes to Jamshed Ji Tata, who set up Tata Iron and Steel Company (TISCO) at Sakchi (Jamshedpur- Jharkhand). This plant produced iron in 1911 and steel in 1913. In 1919, Indian Iron and Steel Company established a steel plant, at Burnpur (Hira Pur-Kolkata).

Bhilai Steel Plant, located in Bhilai, Chhattisgarh, is India’s first and main producer of steel rails, as well as a major producer of wide steel plates and a variety of saleable steel products. The plant also produces and markets various chemical by-products from its Coke Ovens and Coal Chemical Plants. This steel plant was set up with the help of the USSR in 1955.

Correct Option: B

Bhilai Steel Plant, located in Bhilai, Chhattisgarh, is India’s first and main producer of steel rails, as well as a major producer of wide steel plates and a variety of saleable steel products. The plant also produces and markets various chemical by-products from its Coke Ovens and Coal Chemical Plants. This steel plant was set up with the help of the USSR in 1955.

Thermal power is the largest source of power in India. There are different types of Thermal power plants based on the fuel used to generate the steam such as coal, gas, Diesel etc. About 75% of the electricity consumed in India are generated by Thermal power plants. More than 50% of India’s commercial energy demand is met through the country’s vast coal reserves. Public sector undertaking National Thermal Power Corporation and several other state level power generating companies are engaged in operating coal based Thermal Power Plants.

Correct Option: B

Thermal power is the largest source of power in India. There are different types of Thermal power plants based on the fuel used to generate the steam such as coal, gas, Diesel etc. About 75% of the electricity consumed in India are generated by Thermal power plants. More than 50% of India’s commercial energy demand is met through the country’s vast coal reserves. Public sector undertaking National Thermal Power Corporation and several other state level power generating companies are engaged in operating coal based Thermal Power Plants.

Visvesvaraiya Iron and Steel Plant (VISL), A unit of Steel Authority of India Limited, is a company involved in the production of alloy steels and pig iron and located in the city of Bhadravathi, India. It was started as the Mysore Iron Works on January 18, 1923 by Sir M Visvesvaraiya. It is now a steel plant under the jurisdiction of the Steel Authority of India Limited.

Correct Option: B

Visvesvaraiya Iron and Steel Plant (VISL), A unit of Steel Authority of India Limited, is a company involved in the production of alloy steels and pig iron and located in the city of Bhadravathi, India. It was started as the Mysore Iron Works on January 18, 1923 by Sir M Visvesvaraiya. It is now a steel plant under the jurisdiction of the Steel Authority of India Limited.

Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail. Wholesale trade is concerned with buying goods from manufacturers or dealers in large quantities and selling them in smaller quantities to others who may retailers or even consumers. Wholesale trade is undertaken by wholesale merchants or wholesale commission agents. The importance of domestic trade in a country is that it facilitates the exchange of goods within the country. By doing this it also makes sure that factors of production reach to the right places so that the economy of the country can grow. By allowing all different types of goods and services to reach to all parts of the country it improves the standard of living of the residents of the country as well as the employment rate of the country. And it helps the growth of an industry by ensuring the availability of raw materials.

Correct Option: B

Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail. Wholesale trade is concerned with buying goods from manufacturers or dealers in large quantities and selling them in smaller quantities to others who may retailers or even consumers. Wholesale trade is undertaken by wholesale merchants or wholesale commission agents. The importance of domestic trade in a country is that it facilitates the exchange of goods within the country. By doing this it also makes sure that factors of production reach to the right places so that the economy of the country can grow. By allowing all different types of goods and services to reach to all parts of the country it improves the standard of living of the residents of the country as well as the employment rate of the country. And it helps the growth of an industry by ensuring the availability of raw materials.