Which one among the following statements about the Singareni Collieries Company Limited is correct? (a) Located at Kothagudem in Telangana, this is the first and the oldest coal mining company in India in the private sector (b) It has now diversified into

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Q: 78 (CAPF/2024)
Which one among the following statements about the Singareni Collieries Company Limited is correct?

(a) Located at Kothagudem in Telangana, this is the first and the oldest coal mining company in India in the private sector
(b) It has now diversified into thermal and solar power generation, explosive manufacturing for blasting in opencast mines and consultancy works
(c) It has been conferred with 'Navratna' status since 2011
(d) It is the single largest coal producing company in the world

question_subject: 

Economics

question_exam: 

CAPF

The Singareni Collieries Company Limited (SCCL) is a government-owned coal mining corporation in India, not a private sector company, which makes option 1 incorrect. It is not the single largest coal-producing company in the world, which makes option 4 incorrect. SCCL has not been conferred with 'Navratna' status, which makes option 3 incorrect. However, SCCL has diversified into various sectors, including thermal and solar power generation, explosive manufacturing for blasting in opencast mines, and consultancy works, which makes option 2 correct.