{"id":84186,"date":"2024-04-21T18:58:33","date_gmt":"2024-04-21T18:58:33","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=84186"},"modified":"2024-04-21T18:58:33","modified_gmt":"2024-04-21T18:58:33","slug":"which-is-the-prominent-financial-institution-to-give-industrial-financial-aid-in-bihar","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-is-the-prominent-financial-institution-to-give-industrial-financial-aid-in-bihar\/","title":{"rendered":"Which is the prominent financial institution to give industrial financial aid in Bihar &#8211;"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;World Bank&#8221; option2=&#8221;BISCOMAN&#8221; option3=&#8221;Bihar State Finance Corporation&#8221; option4=&#8221;State Bank of India&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is C. Bihar State Finance Corporation (BSF).<\/p>\n<p>BSF is a state-owned financial institution that provides financial assistance to industries in Bihar. It was established in 1962 with the objective of promoting industrial development in the state. BSF provides loans, guarantees, and other financial assistance to industries in a variety of sectors, including manufacturing, agriculture, and services.<\/p>\n<p>BSF has a network of branches across the state and offers a variety of financial products and services to its customers. It also provides training and counseling to entrepreneurs and helps them to set up and run their businesses.<\/p>\n<p>BSF is a major player in the industrial development of Bihar and has played a significant role in the growth of the state&#8217;s economy.<\/p>\n<p>The other options are incorrect because:<\/p>\n<ul>\n<li>The World Bank is an international financial institution that provides loans to developing countries. It does not provide financial assistance to industries in Bihar.<\/li>\n<li>BISCOMAN is a state-owned corporation that is responsible for the marketing and sale of sugar in Bihar. It does not provide financial assistance to industries.<\/li>\n<li>The State Bank of India is a public sector bank that provides a variety of financial products and services to its customers. It does not provide financial assistance to industries in Bihar.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;World Bank&#8221; option2=&#8221;BISCOMAN&#8221; option3=&#8221;Bihar State Finance Corporation&#8221; option4=&#8221;State Bank of India&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[976],"tags":[],"class_list":["post-84186","post","type-post","status-publish","format-standard","hentry","category-bihar-state-gk-mcq","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which is the prominent financial institution to give industrial financial aid in Bihar -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-is-the-prominent-financial-institution-to-give-industrial-financial-aid-in-bihar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which is the prominent financial institution to give industrial financial aid in Bihar -\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;World Bank&#8221; 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