Question

Consider the following statements with respect to Central Warehousing Corporation (CW

Q: Answer-Consider the following statements with respect to Central Warehousing Corporation (CWC): 1) CWC...

Cabinet has approved the merger of Central Railside Warehouse Company Limited CRWC with its holding enterprise Central Warehousing Corporation CWC. CWC was set up in 1957 to provide for the incorporation regulation of Warehousing corporations for the purpose of warehousing of agricultural produce. CWC is under the administrative control of the Ministry of Consumer Affairs, Food and Public Distribution. In 2007, CWC formed a separate subsidiary company named Central Rail side Warehouse Company Ltd. CRWC, which is now being merged.

C : 1) CWC was set up in 1947. 2) CWC is under the administrative control of the Ministry of Heavy Industries and Public Enterprises. 3) CWC has an authorized capital of Rs.100 cr. & a paid-up capital of Rs. 68.02 cr. 4) In 2007, CWC formed a separate subsidiary company named ‘Central Railside Warehouse Company Ltd. Select the correct option:

A 1,3 & 4 only

B 2 & 3 only

C 3& 4 only

D All of the above

E 1 and 2 only

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