RAS question
What is the full form of RIICO?
Correct answer: (B) Rajasthan State Industrial Development and Investment Corporation.
RIICO stands for Rajasthan State Industrial Development and Investment Corporation Limited.
Explanation
RIICO is the Rajasthan State Industrial Development and Investment Corporation Limited, the state-level body linked with industrial development in Rajasthan. The official RIICO website uses this expanded name and describes RIICO as having pioneered the industrialisation of Rajasthan by setting up industrial areas. RIICO was established in 1969, which is why “State Industrial Development and Investment Corporation” is the only full form that matches both the official name and its role. Expansions that drop “State”, omit “Development”, or change RIICO into an infrastructure-only or coordination body do not match the official expansion.
Why the other options are wrong
- (A) “Investment and Infrastructure Corporation” omits “State Industrial Development” and replaces the official industrial-development wording with a broader infrastructure phrase.
- (C) “Coordination Organization” changes RIICO into a coordination body, while the official name identifies it as a corporation for industrial development and investment.
- (D) “Industrial Infrastructure Corporation” reduces RIICO to infrastructure and leaves out the investment and development elements present in the official expansion.
Concept
This tests Rajasthan economy institutions, especially the agencies connected with industrial development. RIICO recurs in RAS because industrial areas, investment facilitation, and state economic infrastructure are standard Rajasthan economy themes.