EPFO APFC 2012 • General Studies • Q.10

EPFO APFC • General Studies • 2012 • Q.10

Indian EconomyMedium

Despite having huge coal reserve in our country, why do we import millions of tons of coal? Consider the following statements:

It is policy of Govt. of India to save its own coal reserve for future use and import now from other countries for present use.

Most of the thermal plants in our country are coal based and they are unable to get sufficient coal supply from our coal mines.

Steel plants require large quantities of coking coal which we do not have; coking coal is to be imported from other countries. Which of the above statements is/are correct?

2012 EPFO APFC • General Studies

Q.9 Q.11

Syllabus Connection

Global Economics & Future Trends: Balance of Payments (BoP), foreign exchange rate, LPG reforms 1991, international economic institutions (IMF, World Bank, WTO), foreign investment (FDI, FII), disinvestment & privatization, Make in India, Atmanirbhar Bharat, financial inclusion, digital economy, gig economy, startup ecosystem, green economy. (APFC)

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