Q. Consider the following statements:

1. Tata Iron and Steel Company Limited (TISCO) was started in 1907.
2. It was started at Sakchi, near the confluence of the rivers Subarnarekha and Kharkai in Odisha.
3. Before Independence, it was only one iron and steel plant in India.

Which of the above is / are correct?
Answer: Only 1 and 3
Notes: Before 1947, there was only one iron and steel plant in the country - Tata Iron and Steel Company Limited (TISCO). It was privately owned. After Independence, the government took the initiative and set up several iron and steel plants. TISCO was started in 1907 at Sakchi, near the confluence of the rivers Subarnarekha and Kharkai in Jharkhand. Later on Sakchi was renamed as Jamshedpur.

This question is part of 40000+ General Studies MCQ Series Course on GKToday Android app. Question Number: 50 in 20. Economic Policies and Impacts in above course in App.