CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the full form of M.R.F.?
A
Madras Rubber Factory
B
Mexico Rubber Factory
C
Macedonia Rubber Factory
D
Manhattan Rubber Factory
Explanation: 

Detailed explanation-1: -Madras Rubber Factory, commonly known as MRF or MRF Tyres, is an Indian Multinational tyre manufacturing company and the largest manufacturer of tyres in India.

Detailed explanation-2: -MRF Ltd was established in the year 1946 by K M Mammen Mappillai as a small toy ballon unit. Much later on November 05 1960 the Company converted into Public Limited after which it started manufacture of automotive tyres and tubes. In the year 1964 the Company commissioned their main plant.

Detailed explanation-3: -This business in no time became very popular, it was the only Indian company that manufactured the tread rubber, and competitors were foreign companies. Thus, MRF was on the road to the big league, and within 4 years, it became the owner of a 50% market share owing to its high quality.

There is 1 question to complete.