When was the Oil and Natural Gas Commission (ONGC) established?

BPSC treated this question as having no correct option (cancelled).

Explanation

In 1955, ONGC was established as the Oil and Natural Gas Directorate. In August 1956, its name was changed to the ‘Oil and Natural Gas Commission’. ONGC has played an important role in making oil exploration and production in India broad-based and systematic. In February 1994, ONGC was reorganized as a limited company under the Companies Act, 1956. In 1997, it was given the ‘Navratna’ status and in 2010, it was granted the ‘Maharatna’ status.