The first public sector company to be privatised, where 60 per cent of workers were forced to retire, was:
AMaruti Udyog
BCoal India
CModern Foods
DBhilai Steel
Answer & Solution
Correct answer: C. Modern Foods
1. It was set up to sell cheap healthy bread.
2. Modern Foods was privatised first.
3. Sixty per cent of workers retired in five years.
_Source: syllabus Social Change and Development in India, Chapter 5, Change and Development in Industrial Society._
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