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Consider the following statements regarding the iron and steel industry in India:
1. Indian Petro-Chemical Corporation has set up a huge petro-chemical complex near vadodara producing a wide range of products.
2. India is self-sufficient in the production of petro-chemicals.
3. The only private oil refineries belonging to Reliance Industries Ltd. is located at Jamnagar (Gujarat).
Which of the following statement(s) is/are correct?
  • a)
    1 Only
  • b)
    1 and 2 Only
  • c)
    2 and 3 only
  • d)
    All of the above
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the following statements regarding the iron and steel indust...
  • Petro-chemicals industry is one of the fastest growing industries of India. This industry has revolutionised the industrial scene by providing the products which are substituting the traditional raw materials like wood, glass and metals.
  • Its products meet various needs of the people at the low cost. Petrochemicals are derived from petroleum or natural gas.
  • We use a variety of products from morning till evening made from petrochemicals Toothbrushes, toothpaste, combs, hairpins, soap cases, plastic mugs, garments, radiocaes, ball point pens, detergents, electric switches, lipstick, insecticides, bags, bed covers, and foam are some of the goods made from petro-chemicals.
  • Indian Petro-Chemical Corporation has set up a huge petro-chemical complex near vadodara producing a wide range of products. Besides Vadodara, Gandhar, and Hazira in Gujarat and Nagathone in Maharashtra are other important centres of the petro-chemical industry.
  • India is self-sufficient in the production of petro-chemicals. Crude oil has no value unless it is refined, while refining crude oil; thousands of products like kerosene, diesel, lubricants and raw material for the petro-chemical industry are derived.
  • India has at present 18 refineries. Industries can be classified into different categories on the basis, such as sources of raw material, ownership, functions, size of industry and weight of raw material and finished products. Since India is still an agricultural country, it has developed various agro-based industries such as cotton textile, woolen textile, jute textile and sugar industry. So, an UPSC IAS aspirant must have such understanding of industrial development.
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Most Upvoted Answer
Consider the following statements regarding the iron and steel indust...
Explanation:

Indian Petro-Chemical Corporation Complex:
- Indian Petro-Chemical Corporation has indeed set up a large petro-chemical complex near Vadodara, producing a wide range of products. This complex plays a significant role in the petrochemical industry in India.

Self-sufficiency in Petro-Chemicals:
- India is not entirely self-sufficient in the production of petro-chemicals. While the country has made significant advancements in the sector, it still imports certain petrochemical products to meet domestic demand.

Reliance Industries Ltd. Refinery:
- The statement mentioning the private oil refinery of Reliance Industries Ltd. being located in Jamnagar, Gujarat, is correct. The Jamnagar refinery is one of the largest and most complex refineries globally, contributing significantly to India's refining capacity.
Therefore, all the statements provided in the question are correct. The petrochemical industry in India is a crucial sector that contributes significantly to the country's economic growth and industrial development.
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Consider the following statements regarding the iron and steel industry in India:1. Indian Petro-Chemical Corporation has set up a huge petro-chemical complex near vadodara producing a wide range of products.2. India is self-sufficient in the production of petro-chemicals.3. The only private oil refineries belonging to Reliance Industries Ltd. is located at Jamnagar (Gujarat).Which of the following statement(s) is/are correct?a)1 Onlyb)1 and 2 Onlyc)2 and 3 onlyd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
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Consider the following statements regarding the iron and steel industry in India:1. Indian Petro-Chemical Corporation has set up a huge petro-chemical complex near vadodara producing a wide range of products.2. India is self-sufficient in the production of petro-chemicals.3. The only private oil refineries belonging to Reliance Industries Ltd. is located at Jamnagar (Gujarat).Which of the following statement(s) is/are correct?a)1 Onlyb)1 and 2 Onlyc)2 and 3 onlyd)All of the aboveCorrect answer is option 'D'. 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 Consider the following statements regarding the iron and steel industry in India:1. Indian Petro-Chemical Corporation has set up a huge petro-chemical complex near vadodara producing a wide range of products.2. India is self-sufficient in the production of petro-chemicals.3. The only private oil refineries belonging to Reliance Industries Ltd. is located at Jamnagar (Gujarat).Which of the following statement(s) is/are correct?a)1 Onlyb)1 and 2 Onlyc)2 and 3 onlyd)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the iron and steel industry in India:1. Indian Petro-Chemical Corporation has set up a huge petro-chemical complex near vadodara producing a wide range of products.2. India is self-sufficient in the production of petro-chemicals.3. The only private oil refineries belonging to Reliance Industries Ltd. is located at Jamnagar (Gujarat).Which of the following statement(s) is/are correct?a)1 Onlyb)1 and 2 Onlyc)2 and 3 onlyd)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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