Multiple choice general knowledge

In the heyday of nationalization, which PSU emerged from the amalgamation of ESSO and Caltex?

  1. Cotton Corporation of India Limited (CCI)

  2. Hindustan Petroleum (HP)

  3. Indian Oil Corporation Limited (IOCL)

  4. Steel Authority of India Limited (SAIL)
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Hindustan Petroleum Corporation Limited (HPCL) emerged from the nationalization and amalgamation of ESSO and Caltex operations in India during the 1970s. The government took over these foreign oil companies' assets and merged them to form HPCL, which became one of India's major public sector oil companies. The other options (CCI, IOCL, SAIL) are PSUs but not related to this specific amalgamation.

Keep practicing — related questions