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Consider the following statements relating to Coal India Limited:
1. It is designated as a 'Maha Ratna' company under the Ministry of Coal.
2. It is the single largest coal producing company in the world.
3. The Headquarters of Coal India Limited is located at Ranchi Jharkhand.
​Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    1 and 2 only
  • c)
    2 and 3 only
  • d)
    1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Consider the following statements relating to Coal India Limited:1. It...
Headquarters Kolkata, West Bengal, India
Coal India Limited (CIL) is an Indian state-controlled coal mining company headquartered in Kolkata, West Bengal, India and the largest coal-producing company in the world and a Maharatna company.
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Most Upvoted Answer
Consider the following statements relating to Coal India Limited:1. It...
Coal India Limited

Coal India Limited is a state-owned coal mining corporation in India. It is responsible for mining and producing coal in India. Let's discuss the given statements related to Coal India Limited:

1. Designated as a Maha Ratna company under the Ministry of Coal:
- Coal India Limited is designated as a Maharatna company by the Government of India under the Ministry of Coal.
- A company is designated as a Maharatna if it meets certain criteria, such as having a turnover of Rs. 25,000 crore or more, having a net worth of Rs. 15,000 crore or more, and having significant global operations.
- The Maharatna status gives more financial and operational autonomy to the company.

2. Single largest coal producing company in the world:
- Coal India Limited is indeed the single largest coal producing company in the world.
- It produces about 82% of India's total coal output and operates more than 400 mines across the country.
- It also has coal mining operations in Australia and Mozambique.

3. Headquarters located at Ranchi, Jharkhand:
- This statement is incorrect. The headquarters of Coal India Limited is located in Kolkata, West Bengal.
- However, the company has several regional offices across the country, including one in Ranchi, Jharkhand.

Therefore, the correct answer is option B.
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Consider the following statements relating to Coal India Limited:1. It is designated as a Maha Ratna company under the Ministry of Coal.2. It is the single largest coal producing company in the world.3. The Headquarters of Coal India Limited is located at Ranchi Jharkhand.Which of the statements given above is/are correct?a)1 onlyb)1 and 2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
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