Question

Indian Petrochemical Corporation Ltd is located in __________ .
A. Hazira
B. Haldia
C. Vadodara
D. Bongaigaon

Answer 1

Hint: It is the third largest city of Gujarat. It is also known as the Sanskari Nagari and Kala Nagari of India. It is situated on the banks of the Vishwamitri river.

Complete Answer:
- Indian Petrochemicals Corporation Limited (IPCL) is a petrochemicals company in India established on 22 March 1969.
- Its turnover for the financial year 2005-06 was above US $2 billion mark during its divestment to the Reliance industries.
- The company's shares were registered at all the major stock exchanges in India including Bombay Stock Exchange and National Stock Exchange of India, in 1992.
- The Reliance Group Company acquires 20% of equity shares of the Indian Petrochemical Corporation Ltd.

Let us find the correct,
- Hazira is a transshipment port in the western part of Surat in Gujarat. It is an important element of Surat Metropolitan Region. This option is incorrect.
- Haldia is an industrial port city of West Bengal. It is located near the mouth of the Hooghly River. This option is incorrect.
- The Indian Petrochemical Corporation Ltd is located in Vadodara. Its headquarters is in New Delhi. This option is correct.
- Bongaigaon is a major city of Assam and is the second biggest railway station in north east India. This option is incorrect.

Hence, the correct answer is option C.

Note: The Government of India is the 57% owner of the Indian Petrochemical Corporation Limited through the President of India. The Indian Petrochemical Corporation Limited merged with the Reliance Group in 2007. Bharat Petroleum and Hindustan Petroleum are the two important domestic competitors of the Indian Petrochemical Corporation Ltd. Shrikant Madhav Vaidya is the CEO of the Indian Oil Corporation.