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Consider the following statements about the Odisha Mining Corporation Limited (OMCL).
Consider the following statements about the Odisha Mining Corporation Limited (OMCL).
1. It was established on 16th May, 1956 as a joint venture company of Government of Odisha and Government of India.
2. It has been classified as a "Silver" Category State PSU.
Which of the above statements is/are correct?
Answer & Solution
Correct Answer:
Option
A
The Odisha Mining Corporation Limited (OMCL) was founded on 16th May, 1956, as a joint venture firm between the governments of Odisha and India.
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