Question : India's oldest and largest independent, non-profit economic policy research institute, NCAER (National Council of Applied Economic Research), was established in which of the following years?
Option 1: 1965
Option 2: 1952
Option 3: 1959
Option 4: 1956
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Correct Answer: 1956
Solution : The correct option is 1956.
The National Council of Applied Economic Research (NCAER) was established in 1956. It is one of India's oldest and largest independent, non-profit economic policy research institutes. NCAER was founded by a group of leading industrialists, economists, and scientists, including notable figures like J. R. D. Tata, P. Thakurdas, C. D. Deshmukh, and others.
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