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Q119 (CAPF/2008) Economy › Industry, Infrastructure & Investment › Public sector enterprises Answer Verified

Bokaro Steel Limited was established with the assistance of—

Result
Your answer: —  ·  Correct: B
Explanation

Bokaro Steel Limited (now Bokaro Steel Plant) was established in 1964 with technical and financial assistance from the Soviet Union (USSR) [c1][c2]. While Prime Minister Nehru initially sought collaboration with the United States, the financial aid plan failed to pass in the US Congress [t5]. Consequently, the Soviet Union stepped in to finance the project, making it India's fourth public sector steel plant [t4][t5]. The plant was incorporated as a limited company in 1964 and later became a subsidiary of the Steel Authority of India Limited (SAIL) [t3][t4]. This collaboration was a significant part of India's industrialization strategy during the Cold War era, following the successful establishment of the Bhilai Steel Plant, which was also built with Soviet assistance [c4][t7]. The plant is known for its flat products and rolling mills [c1].

Sources

  1. [1] Geography of India ,Majid Husain, (McGrawHill 9th ed.) > Chapter 11: Industries > 7. Bokaro, Bharat Steel Limited (BSL) > p. 34
  2. [2] Geography of India ,Majid Husain, (McGrawHill 9th ed.) > Chapter 11: Industries > IRON AND STEEL INDUSTRY > p. 28
  3. [3] Geography of India ,Majid Husain, (McGrawHill 9th ed.) > Chapter 11: Industries > 4. Bhilai Iron and Steel Plant (HSL) > p. 33
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