Minerals and Metals Trading Corporation functions under the administra

Minerals and Metals Trading Corporation functions under the administrative control of which one of the following Ministries/Departments ?

[amp_mcq option1=”Ministry of Mines” option2=”Department of Commerce” option3=”Department of Heavy Industries” option4=”Ministry of Earth Sciences” correct=”option2″]

This question was previously asked in

UPSC SO-Steno – 2017

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Minerals and Metals Trading Corporation (MMTC) is a Public Sector Undertaking involved in international trade, particularly in minerals, metals, and other commodities. PSUs dealing with trade fall under the administrative control of the Department of Commerce, which is part of the Ministry of Commerce and Industry.

– The Department of Commerce is responsible for formulating and implementing foreign trade policy and managing various aspects related to India’s international trade.
– MMTC’s primary functions align with the mandate of the Department of Commerce.

– MMTC is one of the two major trading PSUs of the Government of India, the other being State Trading Corporation of India (STC), which is also under the Department of Commerce.

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