SFC.

1.When was the first State Financial Corporation (SFC) established in India?

• A) 1950

• B) 1954

• C) 1960

• D) 1965

2.Which of the following is a primary objective of State Financial Corporations (SFCs)?

• A) Promoting entrepreneurship and industrial growth

• B) Managing government pension funds

• C) Issuing government bonds

• D) Regulating the stock market

3.Which state is home to the West Bengal Financial Corporation (WBFC)?

• A) Maharashtra

• B) Tamil Nadu

• C) West Bengal

• D) Gujarat

4.What is the role of SFCs in the context of "sick industries"?

• A) To shut down sick industries

• B) To provide financial support for revival and restructuring

• C) To sell sick industries to private companies

• D) To promote foreign investment in sick industries

5.Which of the following services is provided by State Financial Corporations?

• A) Short-term financing for personal loans

• B) Long-term finance for industrial development

• C) Investment banking services

• D) Stock market trading