Q7 · UPPSC current affairs · 5 October 2026 · News · Overseas Mining Assets Acquisition by Steel PSUs

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English हिंदी

Consider the following statements regarding India's import dependencies in the steel sector:1.The Ministry of Steel has directed PSUs like SAIL and NMDC to explore and acquire mineral assets in foreign jurisdictions.2.India imports the vast majority of its metallurgical coking coal primarily from European nations.Which of the statements given above is/are correct?

A Neither 1 nor 2

B 1 only

C 2 only

D Both 1 and 2

Correct answer: (b) 1 only

Explanation

Statement 1 is correct as the Ministry of Steel directed SAIL and NMDC to acquire overseas mineral assets. Statement 2 is incorrect because India imports the vast majority of its metallurgical coking coal from Australia and Mozambique, not European nations.

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