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Q:

Which of the following institutes develops industrial areas in Rajasthan?

  • 1
    Rajasthan Finance Corporation Ltd.
  • 2
    Bureau of Investment Promotion.
  • 3
    Rajasthan State Industrial Development and Investment Corporation Ltd.
  • 4
    Rajasthan Small Industries Corporation Ltd.
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Answer : 3. "Rajasthan State Industrial Development and Investment Corporation Ltd."
Explanation :

1. Rajasthan State Industrial Development and Investment Corporation (RIICO) is a premier agency of the Government of Rajasthan that has played an important role in the industrial development of Rajasthan, it was formed in 1980.

2. RIICO is a government-owned company responsible for industrial development of the Government of Rajasthan.

3. RIICO acquires land for industrial areas, develops infrastructure, and provides financial assistance to entrepreneurs.

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