In which year Rajasthan Financial Corporation was constituted?

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Rajasthan Police Constable Official Paper (Held On: 7 Nov 2020 Shift 2)
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  1. 1959
  2. 1955
  3. 1965
  4. 1958

Answer (Detailed Solution Below)

Option 2 : 1955
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Detailed Solution

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The correct answer is 1955.

  • Rajasthan Financial Corporation was constituted in 1955.

Key Points

  • Rajasthan Financial Corporation :
    • The Rajasthan Financial Corporation (RFC) was constituted on 17 January 1955 under the SFCs Act, 1951.
    • The headquarter of RFC is located at Jaipur.
    • The RFC provides long term financial support to tiny, small and medium scale industries in the State of Rajasthan.
    • The Rajasthan Financial Corporation has 37 branches and 5 sub-offices in 33 districts of the State. 
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