BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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12.50%
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14.60%
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16.70%
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18.90%
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Detailed explanation-1: -China has remained the worlds largest steel producer in 2017 by producing 831.7 million tonnes (MT), according to a latest report published by World Steel Association (WSA).
Detailed explanation-2: -During April-January, FY22 exports at 111.42 LMT and imports at 39.07 LMT have increased by 26.2% and 3.1% respectively over CPLY. ii. India was net exporter of finished steel recording a net trade surplus of 3.64 LMT inJanuary’22 and 72.35 LMT during April-January, FY22, respectively. iii.
Detailed explanation-3: -India is currently the world’s 2nd largest producer of crude steel in January-December 2021, producing 118.20 Million tonnes (MT) crude steel with growth rate 17.9% over the corresponding period last year (CPLY).