Multiple choice

Bharat Cooking Coal Ltd. and Steel Authority of India Ltd. launched their new joint venture for

  1. locomotives

  2. oil exploration

  3. publishing a newspaper

  4. mining
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Bharat Cooking Coal (BCCL) and Steel Authority of India (SAIL) formed a joint venture focused on coal mining operations. This makes strategic sense as SAIL requires coking coal for steel production, and BCCL has mining expertise. The JV was established to ensure coal security for SAIL's steel plants. Locomotives, oil exploration, and publishing are unrelated to these companies' core competencies.

Keep practicing — related questions