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Answer : 3. "Rajasthan State Industrial Development and Investment Corporation Ltd."
Which of the following institutes develops industrial areas in Rajasthan?
5Q:
Which of the following institutes develops industrial areas in Rajasthan?
- 1Rajasthan Finance Corporation Ltd.false
- 2Bureau of Investment Promotion.false
- 3Rajasthan State Industrial Development and Investment Corporation Ltd.true
- 4Rajasthan Small Industries Corporation Ltd.false
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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.