Question

Consider the following statements.
$1$. MMTC Limited is India's largest international trading organisation.
$2$. Neelanchal Ispat Nigam Limited has been set-up by MMTC jointly with the Government of Odisha.
Which of the statements given is/are correct?

• A. Only $1$
• B. Only $2$
• C. Both $1$ and $2$
• D. Neither $1$ nor $2$

Answer 1

The correct option is C Both $1$ and $2$

MMTC Limited (Metals and Minerals Trading Corporation of India) is the largest international trading company in India and has been in existence for almost five decades. Its vast international trade network, which includes a wholly owned subsidiary in Singapore covers almost all countries in Asia, Europe, Africa, America etc. giving MMTC global market coverage. Neelachal Ispat Nigam Limited (NINL) is a company promoted by MMTC Ltd, Industrial Promotion and Investment Corporation of Orissa limited.