Question

Which one of the following agencies markets steel for the public sector plants?
A.HAIL
B.SAIL
C.TATA steel
D.MNCC

Answer 1

Hint:Steel is marketed for public sector plants through one of the largest steel making companies present in India dealing with steel and different steel products which was established in the year 1954 under the Chairmanship of Anil Kumar Chaudhary.

Complete answer:
The largest steel producing company in India is Steel Authority of India Limited, which is abbreviated as SAIL, which is also one of the seven Maharatna’s Central Public Sector Enterprises of the Country. Steel Authority of India Limited or SAIL was founded by Anil Kumar Chaudhary on 19th January 1954, who is also the current chairman of SAIL. Steel Authority of India Limited or SAIL is operated and owned by the government of India, having its headquarters at New Delhi, India. Steel of top quality is produced by SAIL at three special steel plants situated at Salem, Durgapur, and Bhadravathi and five integrated plants, which are basically located in the central and eastern regions of India and near to domestic sources of raw materials at Bhilai, Rourkela, Durgapur, Bokaro, and Burnpur. Based on the latest survey, SAIL is considered to be the fastest growing Public sector Units of India and is mainly focused on building and upgrading new facilities by laying its emphasis on State of the art green technology.Steel is marketed for all public sectors through Steel Authority of India Limited, also known as SAIL.

Hence, the correct answer is option (B).

Note:A wide range of steel products are being manufactured and sold by Steel Authority of India Limited or SAIL having high demand both in domestic markets as well as in international markets.