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Q65
(CISF/2025)
Economy › Economy Current Affairs
Which one of the following 'Maharatnas' stepped into its 50th year of inception on 1st November, 2024 ?
Result
Your answer:
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·
Correct:
A
Explanation
Coal India Limited (CIL), a Maharatna Public Sector Undertaking under the Ministry of Coal, was incorporated on November 1, 1975. On November 1, 2024, the company celebrated its 49th Foundation Day and officially stepped into its 50th year of inception, marking the beginning of its Golden Jubilee year.
- Coal India Limited (CIL): Established in 1975 following the nationalization of the coal industry, it is currently the world's largest coal producer.
- Power Finance Corporation (PFC): Incorporated in July 1986.
- Indian Oil Corporation (IOCL): Formed in 1959 (as Indian Refineries Ltd) and 1964 (as IOCL).
- Bharat Heavy Electricals Limited (BHEL): Incorporated in 1964.
Since CIL completed 49 years on November 1, 2024, it entered its 50th year on that date.
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