Question : Which country is the second largest producer of crude steel in the world for FY 2020-21?
Option 1: China
Option 2: India
Option 3: Australia
Option 4: Japan
Correct Answer: India
Solution : The correct answer is India.
In the fiscal year 2021-22, India's crude steel capacity reached 154.23 million tonnes (provisional data). According to the World Steel Association rankings, India secured the position of the second-largest producer of crude steel in the world for 2021. Notably, India possesses the capability to produce a diverse range of steel grades that meet international quality standards, reflecting the country's significant role in the global steel industry.
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