📚 Part of: Indian Sports Achievements And Historical Events Mcq Quiz

National Coal Development Corporation was set up by GoI in which year?

Category: Miscellaneous Indian Gk

Correct Answer: C) 1956.

Exam Relevance: UPSC Civil Services, SSC CGL, Banking Exams, State PSC Exams

Difficulty: Moderate

Concept notes:

The National Coal Development Corporation (NCDC) is a public sector enterprise under the Ministry of Coal in India. It was established in 1956 to promote the development of the coal industry in India. The NCDC plays a crucial role in the exploration, development, and management of coal resources in the country.

Common Mistakes:
  • Confusing the year of establishment with other significant years in the history of Indian coal industry.
  • Misremembering the year due to the similarity with other important years in Indian history.
Explanation:

The National Coal Development Corporation (NCDC) is a public sector enterprise under the Ministry of Coal in India. It was established in 1956, which is the correct answer to the question. The NCDC plays a crucial role in the exploration, development, and management of coal resources in the country. The establishment of the NCDC in 1956 was part of a broader strategy by the Indian government to promote the development of the coal industry, which was essential for the country's industrial growth and energy needs.

The year 1956 was a significant period in the history of the Indian coal industry. The Indian government, under the leadership of Prime Minister Jawaharlal Nehru, was focused on industrializing the country and ensuring a steady supply of coal for various industries. The NCDC was established to facilitate the exploration of new coalfields, the development of existing coal mines, and the overall management of coal resources to meet the growing demand for energy.

It is important to note that the NCDC was not the only organization established during this period to support the coal industry. The Coal Mines Nationalisation Act of 1973 further consolidated the government's control over the coal sector, which had a significant impact on the operations and responsibilities of the NCDC.

Understanding the establishment of the NCDC in 1956 is crucial for comprehending the broader context of India's industrial development and the role of public sector enterprises in the country's economic growth. The NCDC continues to play a vital role in the Indian coal industry, contributing to the nation's energy security and industrial development.

In summary, the correct answer is 1956, as this was the year when the National Coal Development Corporation was established to promote the development of the coal industry in India. This event is a significant milestone in the history of the Indian coal sector and the broader context of the country's industrialization efforts.

Option Analysis:
  • Option A: This option is incorrect. The year 1954 is not the correct year for the establishment of the National Coal Development Corporation. This might be a common misconception due to the proximity to the correct year and the general period of significant industrial development in India.
  • Option B: This option is incorrect. The year 1966 is not the correct year for the establishment of the National Coal Development Corporation. This might be a common misconception due to the significant economic reforms and industrial policies that were implemented in the 1960s.
  • Option C: This option is correct. The National Coal Development Corporation was established in 1956. This year marks a significant period in the development of the Indian coal industry, as the government sought to enhance the exploration and management of coal resources.
  • Option D: This option is incorrect. The year 1991 is not the correct year for the establishment of the National Coal Development Corporation. This might be a common misconception due to the significant economic liberalization and reforms that occurred in India during the early 1990s.

Mnemonic: NCD - Not Created Directly, but in 1956.

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