Question

When was Tata Iron and Steel Company formed?
a. 1845
b. 1855
c. 1907
d. 1948

Answer 1

Hint: Tata Iron and Steel Company is an Indian multinational steel company situated in Jamshedpur, Jharkhand, and is headquartered in Kolkata, West Bengal. Presently, the company is known as Tata Steel Limited and its founder was Jamsetji Tata.

Complete Answer:
Tata Iron and Steel Company started from the Tata family who was a family of industrialists and philanthropists who founded ironworks, steelworks, and hydroelectric power plants that proved crucial to India’s growth in the industry. After large-scale ironworks in the year 1901, Tata Iron and Steel Company was incorporated in 1907 and subsequently, the Tata Iron and Steel Company became one of the largest privately-owned steelmakers in India. On the other hand, the company also produces not only textiles, steel, and hydroelectric power but products such as chemicals, trucks, agricultural equipment, locomotives, and cement. Presently the company runs by the name, Tata Steel Limited. It is one of the top steel-producing companies in the world after SAIL with an annual crude steel capacity of around 34 million tonnes per annum. Tata Steel Limited is one of the world’s most geographically diversified steel producers and having operations and commercial presence across the world. Focusing on innovation and sustainability, the company strives to be a global steel industry that works for value creation and becomes the most admired brand in the space of metals and minerals.
So, the correct answer is Option C.

Note: The Tata Steel Limited operates in about 26 countries with its key operations in India, the Netherlands, and the United Kingdom. The company employs around 800,500 people and its largest and main plant is located in Jamshedpur, Jharkhand.