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Consider the following events: 1. The first democratically elected communist party government formed in a State in India. 2. India's then-largest bank, 'Imperial Bank of India', was renamed 'State Bank of India'. 3. Air India was nationalised and became the national carries. 4. Goa became a part of independent India. Which of the following is the correct chronological sequence of the above events?

Consider the following events: 1. The first democratically elected communist party government formed in a State in India. 2. India's then-largest bank, 'Imperial Bank of India', was renamed 'State Bank of India'. 3. Air India was nationalised and became the national carries. 4. Goa became a part of independent India. Which of the following is the correct chronological sequence of the above events? Correct Answer 3 - 2 - 1 - 4

The correct answer is 3-2-1-4.

Key Points 

  • The first democratically elected communist party government formed in a state in India in 1957.
    • In the first general election held to the Kerala State Legislative Assembly in 1957, the Communist Party of India won sixty seats out of 126.
  • Imperial Bank of India was nationalized by the Government of India in the year 1955 with the Reserve Bank of India taking a 60% stake and the name was changed to State Bank of India.
  • Air India was nationalized in 1953. The government of India passed the Air Corporations Act in 1953 and purchased a majority stake in the carrier from Tata Sons.
  • Goa became an independent state of India on 18 December 1961 and Goa was freed from the Portuguese.
    • On December 18, 1961, Operation Vijay was launched by the Indian Government to bring back the Goa into India.

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