CORPORATE & BUSINESS
Corporate Deals
Tata Steel Unveils India’s First Scrap-Based Electric Arc Furnace in Punjab
Tata Steel has launched a ₹3,200 crore Electric Arc Furnace (EAF) in Ludhiana, the first of its kind in India to use 100% steel scrap as raw material.
The facility has an annual production capacity of 0.75 million tonnes and aims to operate on nearly 50% renewable energy.
This project is a cornerstone of Tata Steel's roadmap to achieve net-zero carbon emissions by the year 2045.
Exam Perspective: This highlights the shift toward a circular economy and sustainable industrial practices.
The facility has an annual production capacity of 0.75 million tonnes and aims to operate on nearly 50% renewable energy.
This project is a cornerstone of Tata Steel's roadmap to achieve net-zero carbon emissions by the year 2045.
Exam Perspective: This highlights the shift toward a circular economy and sustainable industrial practices.
Key Facts / Static GK
Tata Steel CEO & MD: T. V. Narendran
Punjab Chief Minister: Bhagwant Mann
Punjab Governor: Gulab Chand Kataria
Punjab Chief Minister: Bhagwant Mann
Punjab Governor: Gulab Chand Kataria
Practice Quiz — 25 March 2026
Q1. Which organization developed the 'Real-time Internal Audit Portal' launched by the Ministry of Rural Development?
Answer: (B) National Informatics Centre (NIC) — The Real-time Internal Audit Portal was developed by the National Informatics Centre (NIC) under the Ministry of Electronics and Information Technology (MeitY).
Q2. The Lipulekh Pass, which is set to resume border trade in 2026, connects India with which of the following regions?
Answer: (B) Tibet (China) — The Lipulekh Pass is a historic route connecting the Pithoragarh district of Uttarakhand, India, with Tibet (China).
Q3. What is the new minimum investment requirement for Social Impact Funds (SIFs) as per the SEBI 213th Board Meeting reforms?
Answer: (D) ₹1,000 — SEBI reduced the minimum investment threshold for Social Impact Funds (SIFs) from ₹2 lakh to ₹1,000 to make them accessible to retail investors.
Q4. Under the DEA Fund Scheme 2014, after how many years of inactivity must a bank transfer the credit balance to the RBI?
Answer: (C) 10 years — Under the DEA Fund Scheme 2014, banks are required to transfer credit balances in accounts that have been inactive for 10 years or more to the DEA Fund.
Q5. According to the National Generation Adequacy Plan, what is India's projected total power capacity by the year 2035–36?
Answer: (C) 1,121 GW — The plan projects that India's installed power generation capacity will increase to 1,121 Gigawatt (GW) by the year 2035-36.
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