UPSC Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Industries and Infrastructure

  • question_answer
          Consider the following statements about Tata steel:
    1. It is the Asia's first privately own integrated iron and steel plant.
    2. It is the first company outside Japan to get the deming application prize in 2008 for excellence in total quality management
    3. Immediately after the enactment of the Provident Fund Law in India, Tata steel introduced provident fund for its employees.
    4. It is the first company in the world to get social accountability 8000 certification from the social accountability international from the USA.
    Which of the statements given above are correct?

    A) 2 and 3                        

    B) 3 and 4

    C) 1.2 and 3                      

    D) 1, 2, 3 and 4

    Correct Answer: C

    Solution :

    Tata steel is the asia?s first privately owned integrated iron and steel plant. It is the first company outside Japan to get the Doming Application Prize in 2008 for excellence in total quality management. Tata Steel started provident fund for its employees as early as in 1920, however, it became a law for all employers under the Provident Fund Act only in 1952.


You need to login to perform this action.
You will be redirected in 3 sec spinner