Incorporation Year of TISCO
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Question (English)
When was the Tata Iron and Steel Company (TISCO) incorporated?
- 1857
- 1907 ✓ Correct
- 1920
- 1947
Explanation:
Correct Answer Explanation
The Tata Iron and Steel Company (TISCO) was incorporated in 1907, marking the beginning of iron and steel industry in India.
Key Points:
- TISCO was established at Jamshedpur (now in Jharkhand).
- Iron and steel industries began in the beginning of the twentieth century.
- Other industries (sugar, cement, paper) came up after World War II.
- There was hardly any capital goods industry to promote further industrialisation.
📚 About this Topic — CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE
This multiple choice question is from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE to strengthen your preparation.