Q. Consider the following statements:
1.India is the third largest cement producer in the world after China and USA.
2.India became a net exporter of finished steel over the past decade.
Which of the statements given above is/are correct?
Red Book
Red Book

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B
Notes:

Explanation: Cement: India is the 2nd largest cement producer in the world after China.

  • Share of manufacturing in total gross value added at current prices (in FY23): 14.3 %.
  • Steel sector: Highest levels of production and consumption during FY24.
  • India became a net exporter of finished steel over the past decade.

Source: Economic Survey

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