Khadi and Village Industries Commission (KVIC) promotes the development of:

Rural industries
Heavy industries
Multinational corporations
Export-oriented industries

The correct answer is: Rural industries.

Khadi and Village Industries Commission (KVIC) is a statutory body of the Government of India that promotes the development of rural industries. It was established in 1956 with the objective of providing employment opportunities in rural areas and to promote self-reliance among the rural people.

KVIC promotes the development of rural industries through a variety of schemes and programs. These include providing financial assistance, technical training, and marketing support to rural entrepreneurs. KVIC also organizes exhibitions and fairs to promote the products of rural industries.

KVIC has been successful in promoting the development of rural industries. It has helped to create millions of jobs in rural areas and has contributed to the economic development of the country.

The other options are incorrect because:

  • Heavy industries are large-scale industries that require a lot of capital and technology. KVIC does not promote the development of heavy industries.
  • Multinational corporations are large companies that operate in multiple countries. KVIC does not promote the development of multinational corporations.
  • Export-oriented industries are industries that produce goods for export. KVIC does not promote the development of export-oriented industries.