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Explanation: The System of Memorandum of Understanding was introduced in the Public Sector Enterprises during the year 1987-88 in India. It was based on the report of the Arjuna Sengupta Committee (1984).
Explanation: The Coal Conservation and Development Act, 1974 provides for imposition of excise duty on coal despatches for meeting activities like conservation of coal, development of coal mines execution of stowing and other operations for the safety in coal mines and research work connected with conservation and utilisation of coal, and assistance in mining operation. The Coking Coal (Nationalisation) Act was enacted in 1972.
Explanation: Correct answer: C
• Bokaro Steel Plant - the fourth integrated plant in the Public Sector - started taking shape in 1965 in collaboration with the Soviet Union.
• The Bhilai Steel plant was established with Russian (erstwhile USSR) collaboration in Durg district of Chhattisgarh and started production in 1959
• Rourkela Steel Plant (RSP), in Rourkela, Odisha is the first integrated steel plant set up with West Germany in the public sector in India.
• Durgapur Steel Plant of Steel Authority of India Limited, located in Durgapur, West Bengal. It was set up with the help of United Kingdom.
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