Piramal Life Science is a/an

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Submitted by examrobotsa on

Q: 52 (CDS-I/2010)
Piramal Life Science is a/an

question_subject: 

Economics

question_exam: 

CDS-I

stats: 

0,30,28,9,30,5,14

keywords: 

{'piramal life science': [0, 0, 1, 0], 'life insurance company': [0, 0, 1, 0], 'drug research company': [0, 0, 1, 0], 'special economic zone': [0, 0, 0, 1], 'sez': [0, 0, 2, 0]}

The correct answer to the question is option 2: a drug research company.

Life insurance companies specialize in providing insurance coverage for individuals, whereas Piramal Life Science is not involved in this sector. Thus, option 1 is incorrect.

SEZ, or Special Economic Zone, refers to a designated area where businesses can enjoy tax benefits and other incentives to promote economic growth. While Piramal Life Science may operate within a SEZ, it is not the main nature of their business. Therefore, option 3 is incorrect.

A PSU, or Public Sector Undertaking, refers to a government-owned enterprise. While Piramal Life Science may have ties to the government in terms of regulatory oversight, it is not a PSU dealing with healthcare amenities. Hence, option 4 is incorrect.

Therefore, the only suitable option is option 2, as Piramal Life Science is a drug research company that focuses on developing new medications and conducting pharmaceutical research.