Role of State Financial Corporations
CMAT 2021 · General Knowledge · Easy · Indian Economy
State Financial Corporations mainly give assistance to develop which of the following?
- A.
Small and medium scale industries
- B.
Agricultural farms
- C.
Cotton industry
- D.
Large scale industries
Answer
A
Explanation
State Financial Corporations (SFCs) were established to provide financial assistance and promote small and medium-scale industrial enterprises in their respective states.
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