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Question
What is the full form of (IOCL)?
Options
Indian Oil Corporation Ltd
Indian Oiling Corporation Ltd
Indian Oil co-operative Ltd
None of the above
MCQ
Solution
Indian Oil Corporation Ltd
Explanation:
On June 30, 1959, India's flagship national oil firm and downstream petroleum giant, Indian Oil Corporation (IOC), was founded as an Indian Oil Company. Following the merger with Indian Refineries (formed in 1958), the company was renamed Indian Oil Corporation on September 1, 1964.
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