ITC stands for ___
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Indian Telecom Corporation
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International Tobacco Center
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Imperial Tobacco Company
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Indian Trade Company
ITC Limited was founded in 1910 as the Imperial Tobacco Company of India. Though it started as a tobacco company, it has since diversified into hotels, FMCG, paper, and agribusiness, becoming one of India's largest conglomerates. The full historical name was Imperial Tobacco Company.
To answer this question, you need to know what ITC stands for. Let's go through each option to understand why it is correct or incorrect:
Option A) Indian Telecom Corporation - This option is incorrect because ITC does not stand for Indian Telecom Corporation. ITC is not related to the telecommunications industry.
Option B) International Tobacco Center - This option is incorrect because ITC does not stand for International Tobacco Center. While ITC is involved in the tobacco industry, this is not the correct expansion of the acronym.
Option C) Imperial Tobacco Company - This option is incorrect because ITC does not stand for Imperial Tobacco Company. While ITC was previously known as the Imperial Tobacco Company of India Limited, it has since changed its name.
Option D) Indian Trade Company - This option is incorrect because ITC does not stand for Indian Trade Company. ITC is not primarily involved in general trade activities.
The correct answer is C) Imperial Tobacco Company. This option is incorrect because ITC stands for Indian Tobacco Company, which is a conglomerate company headquartered in Kolkata, India. It is one of India's largest companies and is involved in various businesses, including tobacco, hospitality, consumer goods, and agri-business.