With reference to India, which one of the following statements is not correct?

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Q: 146 (IAS/2003)
With reference to India, which one of the following statements is not correct?

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,10,39,10,6,13,20

keywords: 

{'ipcl': [0, 0, 1, 0], 'largest private sector company': [0, 0, 1, 0], 'mtnl': [0, 0, 1, 1], 'first telecom service organization': [0, 0, 1, 0], 'india': [8, 1, 7, 13], 'chemical company': [0, 0, 1, 0], 'nyse': [0, 0, 1, 0], 'nsnl': [0, 0, 1, 0], 'nationwide cellular service': [0, 0, 1, 0], 'ril': [0, 0, 1, 0], 'largest petro': [0, 0, 1, 0]}

Each option refers to a different Indian company and makes a statement about it:

Option 1 refers to Indian Petrochemicals Corporation Limited (IPCL) as India`s largest petrochemical company. This statement isn`t accurate. The correct answer should be Reliance Industries Limited, which makes the answer chosen as correct.

Option 2 states that Reliance Industries Limited (RIL) is the largest private sector company in India and this is true. RIL is a diversified conglomerate with businesses in sectors including petrochemicals, refining, oil, and telecommunications.

Option 3 mentions that Mahanagar Telephone Nigam Limited (MTNL) is listed on the New York Stock Exchange (NYSE). This is true, as MTNL, a state-owned telecommunications service provider, is indeed listed on the NYSE.

Option 4 declares that NSNL, presumably referring to NTT SmartConnect Corporation (there is no major company in India with the acronym NSNL), is the first telecom service organization in India to launch a nationwide cellular service at one time. While this may be misleading due to unclear reference, generally the first nationwide cellular service in India was provided by state-run BSNL.