Answer Choices

Sr. Questions A B C D Correct Answer

No.
1 In which country futures trading in China India USA Japan India
diamond started first?
2 Which was the stock exchange in NSE MCX BSE NCDEX BSE
India to have launched first
options in goods?
3 Which stock exchange launched ICEX,India BSE,India NCDEX,India NSE, India ICEX,India
for the first time diamond futures
in the world?
4 Which state contributes the Chhattisgarh Odisha Rajasthan Bihar Rajasthan
highest to the production of
minerals in India?
5 India is largely self-sufficient in coal petroleum natural gas lignite coal
which mineral fuels?
6 Among metallic minerals, India is iron ore gold copper bauxite iron ore
self sufficient in
7 In the worldwide oil industry, an 42 US gallons 58 US gallons 62 US gallons 60 US gallons 42 US gallons
oil barrel is defined as
8 Gold and silver are categorised as currency rare metals bullion base metals bullion
9 Which is the leading copper China US Peru Chile Chile
producing nation in the world?
10 Gold prices in India are affected by interest rate currency inflation none of these All the three
movements fluctuation
11 Maximum use of nickel is in the stainless steel metal and alloys chemical industry coin-making stainless steel sector
sector sectors
12 Which commodity India is copper aluminium zinc nickel nickel
importing owing to zero domestic
production?
13 London Metal Exchange is bullion iron ore soft commodities non-ferrous non-ferrous base
providing a trading platform for base metals metals
the participants who wish to
safeguard against risk due to
adverse price movements in

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Sr. Questions A B C D Correct Answer
No.
14 Among these, which is the largest Barrick gold, Polyus,Russia Newmont Anglogold Newmont
gold mining company in the Canada goldcrop,USA Ashanti,South goldcrop,USA
world? Africa
15 Indian crude oil futures are LME CME WTI crude CME Henry Hub COMEX CME WTI crude oil
benchmarked to oil prices prices
16 Indian natural gas futures are Henry Hub LME COMEX Intercontinent Henry Hub
benchmarked to al Exchange
17 Indian gold and silver futures are COMEX LME Platt's Henry Hub COMEX
benchmarked to
18 Which is the top silver producing Chile US Brazil Mexico Mexico
country in the world?
19 Which is the top gold producing United States of China Russia UK China
country in the world? America
20 Which commodity is considered as gold copper iron steel gold
investment vehicle?
21 Why gold is considered as maintaining its available in large demand for coins easy to maintaining its
investment vehicle? value and scale transport value and
purchasing power purchasing power
during inflationary during inflationary
periods periods
22 What are the options available to Sovereign gold Gold backed ETF Gold monetisation All the three all the three
invest in gold? bond scheme
23 Which is the key factor for gold jewellery investment central bank reserve technology jewellery
demand in India?
24 During April 2020, the price of gold natural gas crude oil copper crude oil
which commodity witnessed an
unprecedented decline to reach
negative level in commodity
derivatives market in the world?
25 Which commodity is considered as silver crude oil gold platinum gold
safe haven in times of high
uncertainty?

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Sr. Questions A B C D Correct Answer
No.
26 Which commodity is 100% copper nickel aluminium zinc aluminium
recyclable without any loss of its
natural qualities?
27 Which commodity is an alloy of nickel lead brass tin brass
copper and zinc?
28 Which is the metal mainly used as copper nickel zinc brass zinc
anti-corrosion agent?
29 Which commodity is known as zinc crude oil natural gas nickel crude oil
black gold?
30 Where are the majority of crude Middle east India Australia China Middle east
oil reserves located?
31 What is the key use of crude oil in
producing petrol & producing various Producing fuel for cars lubricants for producing petrol &
India? diesel forms of trucks airplanes and all kinds of diesel
petrochemicals boats machines
plastics for
toys, bottles
32 Which commodity is cleanest and coal crude oil natural gas jet fuel natural gas
safest and most useful in all
energy sources?

33 Which country has largest natural Algeria Russia Qatar Venezuela Russia
gas reserves in the world?

34 Where major diamond mines are south Africa India china Australia South Africa
found?
35 Which is the top diamond mining De Beers Alrosa Rio Tinto all the three all the three
company in the world?
36 Which is the important diamond Surat New Delhi Ahmedabad Mumbai Surat
trading and cutting centre in
India?

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No.
37 Which among the given options is colour cut clarity all the three all the three
a parameter based on which the
price of diamond is determined?

38 In terms of physical dimension bauxite aluminium steel manganese steel

which commodity is categorised as
flat product and long product
39 Which country is second largest China India South Korea Italy India
steel producing country in the
world?
40 In which sector steel flat products automobile domestic construction of roads ship building construction of
are not being used? appliances roads
41 Which metal stands for the highest brass copper aluminium lead aluminium
consumption in base metal?

42 Which metal is excellent Brass zinc lead copper copper

conductor of heat and electricity?

43 Which is the lightest metal in the copper brass aluminium tin aluminium
world?
44 Which is the raw material used for brass zinc bauxite copper bauxite
the production of aluminium?
45 What are the upstream process mining smelting refining all the three all the three
involved in non ferrous metal
industry?
46 What are the downstream casting fabricating recycling all the three all the three
process involved in non ferrous
metal industry
47 What is the primary form of ingots billets wire rods cakes ingots
aluminium?
48 What is the primary form of cathodes cakes rods billets cathodes
copper?

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No.
49 What are the primary form of zinc ingots billets rods cakes ingots
and lead?
50 Which are the downstream flat rolled products extrusions foils wires flat rolled products
products in case of aluminium?
51 Which are the downstream rods wires sheets strips rods
products in case of copper?
52 Which are the downstream extruded products profiles tubes rods extruded products
products in case of zinc and lead?
53 Which entity is playing role in miners integrated custom smelters secondary miners
copper industry structure at initial producer producer
stage?
54 Which country has highest bauxite Indonesia Guinea India Brazil Guinea
reserves in the world?
55 Which state is having highest Rajasthan Odisha Andhra Pradesh Bihar Odisha
bauxite reserves in India?
56 In which state of India copper Rajasthan Bihar Jharkhand Madhya Rajasthan
mines are concentrated in large Pradesh
scale?
57 Please read the given statement TRUE FALSE Partially true Not sure True
and then select the right option as
your answer:
"Primary non ferrous metals
industry is dominated by few
large players, while secondary
segment is fragmented and
unorganised"
58 Which is the vertically integrated Hindalco Vedanta NALCO HCL HCL
company in case of copper?

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No.
59 Please read the given statement FALSE partially true true Not sure true
and then select the right option as
your answer:
"Production of one tonne of
aluminium requires 2 tonne of
alumina while production of one
tonne of alumina requires 3-4
tonne of bauxite"
60 Which metal production needs nickel copper aluminium brass aluminium
abundant amount of energy
61 To which country India exports France Indonesia Taiwan Brazil Taiwan
primary copper and copper
products?
62 In India, which is the key sector electrical sector transportation consumer durables building and electrical sector
from the aluminium consumption construction
point of view?
63 Which country in the world China Peru Australia Bolivia China
accounts for the highest lead
reserves?
64 About 75% of lead used in batteries alloys cable sheathing rolled and batteries
producing extruded
products
65 From which country India imports Australia South Korea Malaysia Canada Australia
lead scrap?
66 To which country India exports Germany UAE USA UK Germany
lead products?
67 Please read the given statement TRUE partially true FALSE Not sure True
and then select the right option as
your answer:
"Zinc is primarily used in
galvanisation of steel in order to
prevent rusting."

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Sr. Questions A B C D Correct Answer
No.
68 Which country accounts for the Australia India Kazakhstan Mexico Australia
highest zinc reserves in the globe?

69 In India, which is the only Hindalco Hindustan Zinc Hindustan Copper Ltd. Vedanta Hindustan Zinc Ltd.
producer of primary zinc as well as Ltd.
the only integrated producer of
primary zinc ore?
70 Dubai Mercantile Exchange is sole Oman crude oil furnace oil heating oil brent crude oil Oman crude oil
benchmark for
71 Which is the major importer of Spain Belgium China Kazakhstan China
zinc ores and concentrates from
India?
72 To which country India exports Malaysia Indonesia Singapore Nepal Indonesia
zinc and alloys?
73 Which is the major port for non Tuticorin Kandla Nhava-Sheva(Mumbai) Visakhapatnam Nhava-
ferrous metal scrap in India? Sheva(Mumbai)
74 Which is the principal country Morocco Finland Republic of Zambia Republic of
producing cobalt in the world? Congo(DRC) Congo(DRC)
75 Based on the growth and Make in India National Solar Power for All All the three all the three
development of the key industrial Mission and
sectors which core schemes and Housing for All
programme are planned by the
Government?
76 Among the products derived from petrol and diesel naphtha asphalt Tar petrol and diesel
crude oil, which are covered under
essential commodities Act in
India?
77 All the non ferrous metal contracts Dalian Commodity Chicago Board of London Metal MCX London Metal
are benchmarked to which Exchange Trade Exchange Exchange
Exchange in the world?
78 Which metal is the most nickel tin brass aluminium tin
preferred and environment-
friendly packing material?

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