With reference to Uttar Pradesh Financial Corporation, which of the following statement's is/are correct?
1. It provides financial assistance to small and medium industries.
2. It provides financial assistance to small and medium sector service units.
A. Only 1 is correct
B. Only 2 is correct
C. Both 1 and 2 are correct
D. Neither 1 nor 2 is correct
Answer: Option A
Solution (By Examveda Team)
Uttar Pradesh State Financial Corporation was established by State Financial Corporation Act, 1951 in the year 1954. This corporation provide financial assistance to small and medium scale industries. For year 2021-22 it is 5,50,270 crore.This Question Belongs to State GK >> Uttar Pradesh
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