The Steel Authority of India was created in _____.
Show answer & explanation
Correct answer: C
Explanation
Correct Answer:
Option 3: 1973
Explanation:
The Steel Authority of India Limited (SAIL) was established in 1973. Its objective was to bring India's major steel plants—such as Bhilai, Durgapur, and Rourkela—under a unified management structure. SAIL is a leading 'Maharatna' Public Sector Undertaking (PSU) in India, operating under the Ministry of Steel. It has played a pivotal role in strengthening India's industrial development, infrastructure building, and self-reliance.
Additional Facts:
Option 1: 1956 relates to the Industrial Policy.
Potential Questions for Upcoming Exams:
Question: Where is the headquarters of SAIL located?
Answer: New Delhi
Question: Where was India's first steel plant established?
Answer: Jamshedpur
Question: With the cooperation of which country was the Bhilai Steel Plant built?
Answer: Russia
Question: What is the full form of PSU?
Answer: Public Sector Undertaking