Questions & Answers

Tamil Nadu Cements Corporation Limited (TANCEM) is wholly owned by __________.
A) A private company
B) A co-operative association
C) Government of Tamil Nadu
D) None of these

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Hint:
Tamil Nadu Cements Corporation Limited (TANCEM) manufactures super star cement and ordinary Portland cement (OPC). All this exceeds the requirements prescribed under the Indian standards.

Complete answer:
Industries can also be classified into the private sector, state-owned or public sector, cooperative sector, and joint sector on the basis of ownership. The industries owned and operated by individuals or a group of individuals are known as Private sector industries, examples of such industries include Reliance industries limited and Tata consultancy services (TCS). The industries owned and operated by the government are called Public sector industries, examples of such industries are Steel Authority of India Limited and Hindustan Aeronautics Limited. The industries owned and operated by the state and individuals or a group of individuals are called Joint sector industries, Maruti Udyog Limited is an example of a joint sector industry. The ventures claimed and worked by the makers or providers of crude materials, labourers, or both are called Co-usable area enterprises. Sudha Dairy and Anand Milk Union Limited are examples of overcoming adversity of a co-usable endeavour.
Tamil Nadu Cements Corporation Limited is entirely owned by the Government of Tamil Nadu. Thus, it is a Public sector industry and its role in the development of the state is immense.

Thus, option (C) is correct.

Note:
The main objectives of the company are to primarily cater to the needs of Government departments and the production of cement and cement-based products. The company acquired and reserved enough limestone bearing lands in and around Ariyalur and Alangulam as Limestone is the main raw material of the company. These lands will be sufficient to run the cement plants for decades to come.