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In the state of India, the State Financial Corporation have given assistance mainly to develop
  • a)
    agricultural farms
  • b)
    cottage industry
  • c)
    large-scale industries
  • d)
    medium and small-scale industries
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
In the state of India, the State Financial Corporation have given assi...
State Financial Corporations in India play a crucial role in supporting various sectors of the economy. Their primary focus is on promoting the development of:
  • Agricultural farms: These entities receive assistance to enhance productivity and sustainability.
  • Cottage industries: Small-scale enterprises benefit from financial support to encourage local craftsmanship.
  • Large-scale industries: These industries may also receive funding, but the emphasis is less pronounced.
  • Medium and small-scale industries: This sector is a key focus, with significant assistance aimed at fostering growth and innovation.
Among these sectors, the medium and small-scale industries are particularly emphasised, as they contribute significantly to employment and economic stability.
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