10th January 2020

1. Which of the following statement(s) is/are correct about Northeast Gas Grid? 1. It will connect Guwahati in Assam to major cities of Northeast India. 2. It will be implemented by Gas Authority of India Limited. 3. The Union Government is providing a viability gap funding of 90% of the project cost.

Correct! Wrong!

It will be implemented by the Indradhanush Gas Grid (a joint venture of IOCL, ONGC, GAIL, OIL and NRL). The Cabinet Committee on Economic Affairs has approved “a viability gap funding of 60% of the project cost”.

2. Which of the following sector is not open for Foreign Direct Investment in India?

Correct! Wrong!

Coal Mining has been recently opened for FDI by amending the Mines and Minerals (Development and Regulation) Act, 1957, and Coal Mines (Special Provisions) Act, 2015 through an ordinance. Multi-brand retail is prevented from foreign direct investment to prevent farmers’ and local manufacturers’ interests.

3. Which of the following statement(s) is are correct about Northeast Gas Grid? 1. The Northeast Gas Grid omits any city of Sikkim from the proposed gas pipeline. 2. The proposed gas pipeline will supply only the cooking gas to the residents of Northeast India.

Correct! Wrong!

Gangtok will be a part of the proposed gas pipeline. The pipeline will enable the supply of piped cooking gas to households and CNG to automobiles, besides fuel to industry.

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