Which of the following is NOT correct in the context of PSUs and their year of establishment?

Correct option is B

​The correct answer is (b)Damodar Valley Corporation in 1958.

Explanation:

Damodar Valley Corporation (DVC) was established in 1948. It was the first multipurpose river valley project in independent India.

Information Booster:

• Damodar Valley Corporation is a public sector undertaking under ministry of Power.
• It engaged in power generation and transmission, catering to the energy needs of the eastern region of the country.
• Under DVC four dams were constructed namely,
• Tilaiya Dam: It has been constructed across the Barakar river at Tilaiya in Koderma district of Jharkhand.
• Konar Dam: The Konar dam has been constructed across the Konar river—a tributary of the Damodar River in the Hazaribagh District of Jharkhand.
• Maithon Dam : It has been constructed across the Barakar river near the confluence of Barakar with Damodar river.
• Panchet Dam: The Panchet dam has been constructed across the Damodar river, about 20 km south of the Maithon Dam.
  

Additional knowledge:

• Balmer Lawrie & Co. Ltd. in 1867:Balmer Lawrie & Co. Ltd., a public sector enterprise, was indeed founded in 1867. It is a Miniratna Category-I Public Sector Enterprise (PSU). 
  
• Oil and Natural Gas Corporation in 1956: Oil and Natural Gas Corporation (ONGC) was indeed founded in 1956 and is one of the largest oil and gas exploration companies in India. and also a Maharatna Compnay.
• Airport Authority of India. in 1995:The Airports Authority of India was established on 1 April 1995 by the Airports Authority of India Act, 1994.