Here is Question No. 91 a part of our series on UPSC Prelims 2018
Q91. Consider the following events:
- The first democratically elected communist party government was formed in a State in India.
- India’s then largest bank, ‘Imperial Bank of India’, was renamed ‘State Bank of India’.
- Air India was nationalised and became the national carrier.
- Goa became a part of independent India.
Which of the following is the correct chronological sequence of the above events?
(a) 4 – 1 – 2 – 3
(b) 3 – 2 – 1 – 4
(c) 4 – 2 – 1 – 3
(d) 3 – 1 – 2 – 4
Answer: B
- In 1953, India nationalized all Indian airlines, creating two corporations—one for domestic service, called Indian Airlines Corporation (merging Air-India Limited with six lesser lines), and one for international service, Air-India International Corporation. The Reserve Bank of India, which is the Central Bank of India, acquired a controlling interest in the Imperial Bank of India in 1955. On 1 July 1955, the Imperial Bank of India became the State Bank of India. First democratically elected communist party government formed in a state in India in 1957. The Kerala Legislative Assembly election of 1957 was the first assembly election in the Indian state of Kerala. The Communist Party of India won the election with 60 seats
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