BANKING AFFAIRS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
POSCO is a company which manufactures
A
Cement
B
Pharma products
C
Sugar
D
Steel
Explanation: 

Detailed explanation-1: -POSCO was launched on April 1, 1968 with a mission for national industrialization. As the first integrated steel mill in Korea, Posco has grown to produce 41 million tons of crude steel a year, and has grown to become a global business with production and sales in 53 countries in the world.

Detailed explanation-2: -About POSCO integrated steel project POSCO, a South Korean multinational corporation and the world’s fourth largest steel producer, sought to establish an integrated steel venture in India’s eastern state of Odisha. POSCO, via its wholly-owned and operated subsidiary POSCO-India Pvt.

Detailed explanation-3: -Apart from Odisha, POSCO India has sites in Karnataka and Maharashtra. So, the correct answer is Pohang Iron and Steel Company.

Detailed explanation-4: -POSCO operates two integrated steel mills in South Korea and a joint venture facility with U.S. Steel, USS-POSCO Industries, located in California.

Detailed explanation-5: -POSCO India Private Limited (commonly POSCO India or Posco-India) is an Indian subsidiary of Korean conglomerate POSCO.

There is 1 question to complete.