In the year 1963 which public sector undertaking was set up in Jammu and Kashmir?

Jammu and Kashmir Handloom Development Corporation Limited
Jammu and Kashmir Industries Limited
Jammu and Kashmir Cements Limited
Jammu and Kashmir State Road Transport Corporation Limited

The correct answer is: Jammu and Kashmir State Road Transport Corporation Limited.

Jammu and Kashmir State Road Transport Corporation Limited (JKSRTC) is a public sector undertaking that was set up in 1963. It is the largest road transport undertaking in the state of Jammu and Kashmir. The corporation operates a fleet of over 2,000 buses and provides services to over 100 destinations in the state.

The corporation was established with the objective of providing efficient and affordable public transport services to the people of Jammu and Kashmir. It has played a vital role in the development of the state by providing connectivity to remote areas and promoting tourism.

The corporation has been facing a number of challenges in recent years, including financial losses, poor infrastructure, and competition from private operators. However, it has taken steps to address these challenges and is committed to providing quality services to its customers.

The other options are incorrect because:

  • Jammu and Kashmir Handloom Development Corporation Limited was set up in 1972.
  • Jammu and Kashmir Industries Limited was set up in 1962.
  • Jammu and Kashmir Cements Limited was set up in 1965.
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