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Understanding Kabil India: Role and Functions

A Deep Dive into Kabil India's Mission and Impact

Understanding Kabil India: Role and Functions

  • 19 May, 2024
  • 399

What is Kabil India?

Kabil India, formally known as Khanij Bidesh India Limited (KABIL), is a joint venture established by the Government of India. This venture is comprised of three major government enterprises: National Aluminium Company Ltd. (NALCO), Hindustan Copper Limited (HCL), and Mineral Exploration & Consultancy Limited (MECL). The ownership distribution among these entities is 40% for NALCO, and 30% each for HCL and MECL.

When was Kabil India incorporated?

Kabil India was officially incorporated on August 8, 2019, under the Companies Act of 2013. This incorporation marked a significant step towards enhancing India's mineral capabilities.

What is the purpose of Kabil India?

The primary objective of Kabil India is to ensure the supply-side assurance of critical and strategic minerals for the nation. This initiative significantly contributes to the mineral security of India, aligning with the Government's "Make in India" policy.

What are the main functions of Kabil India?

Kabil India is entrusted with several key functions, including:

  • Identifying strategic minerals.
  • Exploring mineral resources.
  • Acquiring and developing mining sites.
  • Mining and processing minerals.

The focus is primarily on procuring minerals that are scarce or unavailable within the country, ensuring that the domestic market is well-supplied.

Why is Kabil India important?

Kabil India plays a vital role in securing the supply of essential minerals that are crucial for various industries and national security. By maintaining a steady supply of these strategic minerals, Kabil India not only supports industrial growth but also contributes to the development of the nation's strategic sectors.

Frequently Asked Questions (FAQs)

Q1. What is the main goal of Kabil India?
Answer: Kabil India's primary goal is to ensure the supply of critical minerals for India's mineral security, aligning with the "Make in India" initiative.

Q2. Which companies are part of Kabil India?
Answer: Kabil India is a joint venture among three government enterprises: NALCO, HCL, and MECL, each contributing to mineral exploration and supply.

Q3. When was Kabil India established?
Answer: Kabil India was established on August 8, 2019, under the Companies Act of 2013, marking an important step in India's mineral strategy.

Q4. How does Kabil India support industrial growth?
Answer: By securing a steady supply of strategic minerals, Kabil India supports various industries, enhancing overall industrial growth in India.

Q5. What are the key activities of Kabil India?
Answer: Kabil India is involved in identifying, exploring, acquiring, and processing strategic minerals essential for the domestic market.

UPSC Practice MCQs

Question 1: What is the main purpose of Kabil India?
A) Identifying new markets
B) Ensuring supply of strategic minerals
C) Exporting minerals to other countries
D) Reducing mineral prices
Correct Answer: B

Question 2: When was Kabil India incorporated?
A) 2015
B) 2018
C) 2019
D) 2020
Correct Answer: C

Question 3: Which companies are part of the Kabil India venture?
A) Tata Steel, Infosys, Wipro
B) NALCO, HCL, MECL
C) Reliance, Adani, Tata
D) Hindustan Aeronautics, BHEL, ISRO
Correct Answer: B

Question 4: What does Kabil India focus on?
A) Mining oil
B) Processing food minerals
C) Strategic minerals supply
D) Importing metals
Correct Answer: C

Question 5: What is a key aspect of Kabil India's operations?
A) Mining for construction materials
B) Acquiring strategic mineral resources
C) Exporting minerals
D) Selling shares in the stock market
Correct Answer: B

Question 6: How does Kabil India contribute to national security?
A) By increasing prices of minerals
B) By securing essential minerals for industries
C) By mining in foreign countries
D) By reducing imports of minerals
Correct Answer: B

Question 7: What is the ownership ratio of Kabil India among its enterprises?
A) 50:25:25
B) 40:30:30
C) 60:20:20
D) 30:40:30
Correct Answer: B

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