In the year 1963 which public sector undertaking was set up in Jammu and Kashmir?
A. Jammu and Kashmir Handloom Development Corporation Limited
B. Jammu and Kashmir Industries Limited
C. Jammu and Kashmir Cements Limited
D. Jammu and Kashmir State Road Transport Corporation Limited
Answer: Option B
Solution (By Examveda Team)
Jammu & Kashmir Industries Limited is a Jammu and Kashmir Owned Company incorporated in October, 1963. The main objective/ function of the company as per its Memorandum and Articles of Association is to run, manufacture and administer the State Industrial Undertaking in a manner that would ensure their economical working.
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