Multiple choice general knowledge

Coke and IBM pull out of India. Courtesy?

  1. Indira Gandhi

  2. HM Patel

  3. SB Chavan

  4. VP Singh
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Coca-Cola and IBM exited India during HM Patel's tenure as Finance Minister (1977-79) in the Janata Party government that came to power after the Emergency. This was due to FERA regulations and the government's insistence on technology transfer and majority Indian ownership. TheExit reflected the economic nationalism of that period.

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