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Ferrous castings are pivotal to the growth and development of engineering industries. What is not true about it?
  • a)
        Indian foundry industry is the fifth largest in the world.
  • b)
        The salient feature of the foundry industry in India is its geographical clustering.
  • c)
        Advanced countries like USA, Japan, Germany are adding much capacity.
  • d)
        The export and import of casting in 2014-15 was Rs. 6,824.18 crore and Rs. 458.72 crore respectively.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Ferrous castings are pivotal to the growth and development of engineer...
Answer: c
Explanation: Ferrous castings are pivotal to the growth and development of engineering industries since these constitute essential intermediates for automobiles, industrial machinery, power plants, chemical and fertilizer plants, etc. Indian foundry industry is the fifth largest in the world. This industry is now well established in the country and is spread across a wide spectrum consisting of large, medium, small and tiny sector. The salient feature of the foundry industry in India is its geographical clustering. Advanced countries like USA, Japan, Germany are unlikely to add much capacity due to stringent pollution control norms there. India can thus have a dominant presence in this field and can become an important casting supplier to the world. The production of steel castings and C.I. castings in 2013-14 was 456,960.53 tonnes and in 2014-15 is 480,092.00 tonnes. The export and import of casting in 2013-14 was Rs. 6,437.75 crore and Rs. 455.04 crore respectively whereas in 2014-15 the same was Rs. 6,824.18 crore and Rs. 458.72 crore respectively.
 
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Ferrous castings are pivotal to the growth and development of engineering industries. What is not true about it?a) Indian foundry industry is the fifth largest in the world.b) The salient feature of the foundry industry in India is its geographical clustering.c) Advanced countries like USA, Japan, Germany are adding much capacity.d) The export and import of casting in 2014-15 was Rs. 6,824.18 crore and Rs. 458.72 crore respectively.Correct answer is option 'C'. Can you explain this answer?
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Ferrous castings are pivotal to the growth and development of engineering industries. What is not true about it?a) Indian foundry industry is the fifth largest in the world.b) The salient feature of the foundry industry in India is its geographical clustering.c) Advanced countries like USA, Japan, Germany are adding much capacity.d) The export and import of casting in 2014-15 was Rs. 6,824.18 crore and Rs. 458.72 crore respectively.Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Ferrous castings are pivotal to the growth and development of engineering industries. What is not true about it?a) Indian foundry industry is the fifth largest in the world.b) The salient feature of the foundry industry in India is its geographical clustering.c) Advanced countries like USA, Japan, Germany are adding much capacity.d) The export and import of casting in 2014-15 was Rs. 6,824.18 crore and Rs. 458.72 crore respectively.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ferrous castings are pivotal to the growth and development of engineering industries. What is not true about it?a) Indian foundry industry is the fifth largest in the world.b) The salient feature of the foundry industry in India is its geographical clustering.c) Advanced countries like USA, Japan, Germany are adding much capacity.d) The export and import of casting in 2014-15 was Rs. 6,824.18 crore and Rs. 458.72 crore respectively.Correct answer is option 'C'. Can you explain this answer?.
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