Consider the following statements about Madhya Pradesh Small Industries Corporation Laghu Udyog Niga...........

Madhya Pradesh Economy

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Consider the following statements about Madhya Pradesh Small Industries Corporation (Laghu Udyog Nigam).

1) It is a government of India undertaking.

2) MP Laghu Udyog Nigam works to promote small scale industries in state.

3) It is also involved in procurement activities related to MSME’s.

Which of the following statements given above is/are correct ?

Only 1

1 and 3

1 and 2

2 and 3

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Explanation:

M.P. Laghu Udyog Nigam (MPLUN) is a Government of M. P. Undertaking established in the year 1961, with a view to promote the Small-Scale Industries of the State and to perform the Store Purchase functions of the Government of Madhya Pradesh, it is involved in procurement activities also.