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Coal mines in India were fully nationalized on which of the following dates?

  1. A
    5th April, 1952
  2. B
    4th March, 1956
  3. C
    19th April, 1961
  4. D
    1st May, 1973

Solution & Step-by-step Explanation

The nationalization of coal mines in India came in two phases: coking coal mines were nationalized in 1971–1972, and non-coking coal mines were nationalized through the Coal Mines (Nationalisation) Act, 1973, which took formal effect on 1st May, 1973 under the Indira Gandhi government.

Practice this question

Try it yourself before checking the explanation above.

Coal mines in India were fully nationalized on which of the following dates?
A
5th April, 1952
B
4th March, 1956
C
19th April, 1961
D
1st May, 1973

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Indian EconomyEconomic HistoryPost-Independence India

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