National Coal Development Corporation (NCDC) was formed in ____ with 11 collieries with the task of exploring new coalfields and expediting development of new coal mines.
Show answer & explanation
Correct answer: A
Explanation
The NCDC was established by the Government of India in September 1957. Its primary objective was to manage old mines operated by the railways and to develop new coalfields in a systematic manner.
It was a significant public sector undertaking.
Initially, it was established with 11 coal mines.
This gave a boost to the development of energy resources in the country.
Subsequently, this organization served as the foundation for the formation of Coal India Limited.
This marked a significant step in India's industrial progress.