Question

What is the primary role of the Kerala Financial Corporation (KFC)?

• A. Providing short-term loans for agricultural activities
• B. Financing medium and large-scale industrial projects
• C. Offering microfinance services to women's self-help groups
• D. Facilitating international trade agreements for the state

Answer 1

Answer:

B. Financing medium and large-scale industrial projects

• The KFC is a state-owned financial institution that provides long-term credit and financial assistance to various industrial units, thereby fostering industrial growth and economic diversification.