Organisations and Events Dates

The General Insurance Corporation of India (GIC) was established in 1972 when the insurance industry was nationalized. It was formed to oversee the general insurance business in India.

The Arjuna Award was indeed instituted in 1961 by the Government of India to recognize outstanding achievement in sports. Other options (1960, 1965, 1969) are incorrect as the award was specifically established in 1961.

The National Council of Rural Institutes (NCRI) was established on October 19, 1995 under the Ministry of Human Resource Development to promote and coordinate rural higher education in India.

The Sangeet Natak Akademi was established in 1953 as India's national academy for music, dance and drama. It was founded by the Ministry of Culture to preserve and promote the performing arts traditions of the country.

Colour television was introduced in India in 1982 during the Asian Games held in New Delhi. This was a major milestone in Indian broadcasting history, bringing colour TV to Indian households for the first time.

On January 8, 2008, the BSE Sensex touched 21,206 points during intra-day trading, marking its highest point at that time. This was during the peak of the bull market before the global financial crisis hit India later that year. Note: The question wording is slightly unclear - it likely refers to crossing the 21,000 level.

The Reserve Bank of India (RBI) was established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934. It was initially privately owned before being nationalized in 1949, after India's independence.

The 12th Finance Commission, chaired by Dr. C. Rangarajan, submitted its report in 2004. Its recommendations were operational for the five-year period from 2005 to 2010. Finance Commission recommendations typically cover five-year periods.

The Planning Commission was set up on March 15, 1950 by a Resolution of the Government of India.

The Azad Hind Fauj (Indian National Army) was formed in 1943 under Subhas Chandra Bose's leadership with Japanese support to fight for India's independence from British rule. 1941 is too early (before Japan entered WWII), and 1946-47 are after the war ended.

The India Brand Equity Fund (IBEF) was established in 1996 to promote Indian brands globally and enhance the country's image as a reliable supplier of quality goods and services. It was created by the Ministry of Commerce and Industry to support Indian companies in building international brand presence. IBEF has since evolved into a knowledge resource center providing information on Indian economy and business.

The Suvarna Rekha Irrigation Project in Andhra Pradesh was completed in 2005. This was a major irrigation initiative aimed at improving water availability for agriculture in the region. The other years (2004, 2007, 2010) are not the correct completion year.

The Punjab School Education Board (PSEB) was indeed established in 1969 to administer and develop school education in Punjab. It was created to bring uniformity in the education system and conduct examinations at the state level. The other options (1949, 1959, 1979) are not historically accurate.

NCERT (National Council of Educational Research and Training) was established in 1961 as the premier national advisory body to the Ministry of Education (then Ministry of Human Resource Development). It plays a crucial role in developing curriculum and textbooks. 1961 is a well-documented historical fact in Indian education.