CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who will be the administrative controller of Brahmaputra Cracker and Polymer Limited (BCPL)?
A
Department of Chemicals & Petrochemicals
B
Union Ministry of Chemicals and Fertilisers
C
Union Ministry of Petroleum & Natural Gas
D
All of the above
Explanation: 

Detailed explanation-1: -The Cabinet Committee on Economic Affairs approved the transfer of administrative control of BCPL from Ministry of Chemicals and Fertilizers to Ministry of Petroleum & Natural Gas.

Detailed explanation-2: -Shri Reep Hazarika, Managing Director, BCPL welcomed the Hon’ble minister with a gamocha & Seleng chador .

Detailed explanation-3: -The National Flag was also hoisted by Shri Vijay Kumar Pal , Chief Operating Officer BCPL at Administrative Building BCPL.

Detailed explanation-4: -Brahmaputra Cracker and Polymer Limited (BCPL) has set up a Petrochemical Complex at Lepetkata. The complex is spread over 3000 Bighas of land at Lepetkata and is situated approximately 15 Kilometres away from the Tea City Dibrugarh, Assam.

Detailed explanation-5: -The Feedstock Subsidy to BCPL is a Central Sector Scheme of Ministry of Petroleum and Natural Gas. The yearly subsidy is a function of Polymer price, Gas price and Naphtha price while maintaining minimum post tax IRR of 10%. The methodology for computing yearly subsidy has been approved by the CCEA.

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