Question

In which year was Steel Authority of India incorporated?

• A. 1979
• B. 1982
• C. 1987
• D. 1973

Answer 1

Answer:

D. 1973

The Steel Authority of India (SAIL) was incorporated in 1973. This led to the formation of Steel Authority of India Ltd. The company, incorporated on January 24, 1973 with an authorized capital of Rs. 2000 crore, was made responsible for managing five integrated steel plants at Bhilai, Bokaro, Durgapur, Rourkela and Burnpur, the Alloy Steel Plant and the Salem Steel Plant.